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Bullboard - Stock Discussion Forum Valeura Energy Inc. VLERF


Primary Symbol: T.VLE

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc. > Valeura stock
View:
Post by AucontraireII on Mar 05, 2024 11:54am

Valeura stock

Seems to have a repetitive pattern to it.

1.  Soon to be released news leaks a little bit and the stock starts to run up on higher than normal volume.
2.  News is released and the stock continues upwards on high volume.
3.  Boredom sets in without further news releases and the stock settles back on low volume.
4.  The stock finds a bottom and plateaus for a time.
5.  Rinse and repeat.

Seems we are at stage 4 right now.
Comment by cyber37 on Mar 05, 2024 1:54pm
Same can be said about all ‘new’ to the market stocks that not only are building up business but also building up trust & reputations amongst investors. After the initial euphoria of what looked like a good deal, VLE now must show that it was. G37
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