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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Bullboard Posts
Comment by moneydiggeron Jan 20, 2009 3:08pm
413 Views
Post# 15716480

RE: C'mon $20 !!!!

RE: C'mon $20 !!!!We will get there guaranteed, but i feel it will go even lower. I was gonna buy back in at that level too, but now will wait till market are not so fragile.  Looks like we could hit another bottom now.  TSX resistance of 8200 and DOW 8000 has to hold to make me a buyer again. Dow looks like it has already gone sour.  I'd rather buy back at $23 on the way back up from $20 then finding myself hold down to $15.   Be careful guys, think of the overall market and not just Suncor when you buy.  Things could get uglier before they get better.  Hopefully not but keep that in mind.  You might have an opportunity to buy at even lower price, or then again pick it up at $20 up from $15.  It's your call but be careful!
Bullboard Posts