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Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in the Berbice, Guyana. The Company holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The Company has drilled two operated exploration... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Honest Question
View:
Post by westcanpride on Dec 17, 2021 10:52am

Honest Question

Do these bast*rd money managers push CGX back down to $1.00 CAD again over the coming weeks? This morning is a great example of manipulation... retail folks making nice big purchases of 5000-10000 shares (moving the stock to $1.60 at one point), and then over the course of an hour small sells of 100-500 shares at a time move CGX back down to $1.30. Its unreal the power needed by retail to push the price up and then the ease at which money managers can push CGX back down. Then again, watch these insiders gobble up new shares at the low $1.30 range and then allow the stock to resume its upward swing again.
Comment by Miftee9 on Dec 17, 2021 10:58am
WCP, I wouldn't let that bother you now.  We got a positive news release supporting what we all thought.  Let them play games and watch the explosion upwards when the JV is announced along with the announcement of a huge commercial find.  Those wishing to make pennies can have them.  Most of us longs are here for the $ not the cents.  GLTA.
Comment by CLOUDER on Dec 17, 2021 11:11am
YAH if they push it down a bit more i can buy back,  considering were FEC is trading right now.  it`s on fire.
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