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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Bullboard Posts
Comment by ltrabson Feb 19, 2016 1:51pm
203 Views
Post# 24575774

RE:RE:RE:RE:Uhhh?

RE:RE:RE:RE:Uhhh?
OneNation wrote: Market manipulation. Tread carefully.
.......................................  
Yes, exactly.  

One has to consider who is participating in this market.  

On top of that the current contango with futures much higher than near term. 

 

The contango and near future switching from March to april ... right now and 

the opportunity this provides the traders to rip off the public  for a big profit. 

 

Just who is active and how much of the action represents huge liquidity, enough to move prices by very large amounts .... 

 

- Investors, the public take a position in companies they like .. ownership positions. 

- Funds, insurance and the like ... take positions to make the best returns they can. With fixed income producing nothing they rely to a large part, on hedge funds .. or trying to mimic their activity. 

- The big banks ... to make a big profit with our money that they’re holding and paying nothing for, and to give the impression that they aren’t manipulating prices, to a large part , go to hedge funds as well. With their own equity they lok for bigger profit, they manipulate markets in concert with the hedges. 

- The hedge funds have huge liquidity and can shove prices to their hearts content front trading and anything else they want. They answer to no one.  

- The flash traders, front run price movement, in micro seconds they identify large orders and buy or sell ahead of the trader driving prices into huge swings for minute by minute profit that accumulation over the day, then they exit . Flash traders must make huge profits as they are able to; firstly,  pay multi millions to the exchanges for early access to incoming orders. 

And secondly, as importantly in my opinion, to make large political contribution to ensure this flagrant manipulation is not legislates out of existence.  

 

The public is best serves to pick the strongest companies, set their targets and stay away from the obviously manipulated very volatile near term swings. 

Trying to trade is a mugs game.  

 

In the 90’s and before, a lot of market participation was of the investment type. 

This has changes ,,, it’s no longer a level playing field.  

 

That’s how I see it.

 


Bullboard Posts