Veren Inc T.VRN

GLTALongs. Burn the shorts. Low share price. On Sale!!!!

[Mrlongpants]

I added today.  Why not it's on sale. I will lock  up my shares with a sale order and wait for the shorts to get burned. GLTALongs.

[Bpultra]

============ no matter how many you lock up..   they will just go naked ... but they did put back close to 3m last few days .. so I also added .. today .. one thing about cpg it seems there is always a sale .. they just blend in day after day .. 

[Bpultra]

https://www.marketbeat.com/stocks/NYSE/CPG/short-interest/ https://iborrowdesk.com/report/cpg https://simplywall.st/stocks/ca/energy/tsx-cpg/crescent-point-energy-shares#ownership Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.9%.

[BigJoe778]

Thanks BP! I appreciate the facts that you share on this board. So far they've committed to buying back 100 million dollars worth next year which works out to about 3% of the outstanding shares at the current price. So dilute by 10% and buy 3% back......and people wonder why so many of us aren't any happier with Craig vs Scott. 

[Marty57]

Everybody should know that the 10% dilution was almost completely caused by the 50 million shares that were created for Shell as part of the payment for the Kaybob Duvernay assets.  And how did that deal work out?  Spectacularly good for CPG.  CPG can give themselves a big pat on the back for making that deal.

[BigJoe778]

I agree that anybody that knows anything about this company should know why the dilution happend last year however it's been happening for the last number of year and the broader market clearly doesn't like it along with other things that the management team does. There's clearly some reasons why it's always trading far below it's "actual value". You and the other

[Marty57]

I prefer the term optimist to cheerleader...lol.  I have been a long shareholder in CPG since before the 2014 crash, and believe me it has been a rough ride.  I am optimistic (cheerleading I mean) now because the company's financial performance has been very strong over the past year, and the outlook for next year is even better.  For me, I don't want to see them taken out

[Jonny2fingers]

Totally agree.  Anyone that says otherwise is completely clueless.

[Moemoney42]

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[Bpultra]

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