Veren Inc T.VRN

Some high volume days

[soundandfury]

I noticed a few days over 20 million shares traded...........this indicates a lot of investors are returning to the energy sector..........cpg has yet to raise its dividend which could add substantial upside pressure.....i see 10.00 and longer term 20.00

[highalpha1]

@soundandfury: Prices moving up on high volume is certainly a good bullish indicator. I took note of the high volumes in the past week too. I think that it is unlikely CPG will hit $20 again even in the long term. Low double digits would not be out of the question, though. I am not sure what your assumptions about WTI price would be for $20/share scenario to play out. However, I do agree with you