RE:This is a perpetual loserRedfoxy wrote: have been in this trainwreck for a number of years (yes when it was in the $30+ area) and lost money on it a couple of times.
keep believing that "you cant go wrong at $5 per share" and guess what?
No matter what happens to the price of oil CPG goes down. Price of oil goes up, CPG goes down;
price of n gamblinggoes down, CPG goes down, oil price stays same, CPG goes down.
As for management etc., dont give a rats asse as to what they have done in past lives..what matters is that they cannot deliver. Full stop.
Oh yes, cute dividend that they keep paying out. Sorry excuse for an oil producer.
Time to bring this pig and turnn it into bacon and get out of oils in general.
Yes sour grapes but watching retirement money going down the toilet is not fun- heck its not even gamlbing as this is a sure bet loser.
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Yes excalty ... and also it seems for the past few years MR. Market also feels the same way.. this is why we cannt hold and stay on top of that $5 wall... the funds are not going to come here unless they have a reason.... and the shorts have control... but last week I sense some change ... thinking maybe the shorts are covering abit... maybe just maybe the NCIB will start in earnst .. oil will hold.. and the USA re-opens... going to be a huge whack of oil and gas consumed and will start showing up in INV reports... so thinking up coming week we should jump over the $5 wall ... then it is up to the insiders to try keep it over maybe some new some PR .. NCIB .. squeeze a short or two and we see fresh new optimissticccc supports showing up... ( give them time they will feel like us) but short term we may see some upwards movement .. so we can maybe jump off this wayward ship that just keeps going in circles and taking on water... GLTA another weekend in the dog house