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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.


TSX:MEG - Post by User

Bullboard Posts
Comment by guyf1963on Feb 11, 2016 8:12pm
67 Views
Post# 24550587

RE:Closing my short position finally ...

RE:Closing my short position finally ...
Lostinmarket123 wrote: I just closed my short position ... 7.80 to 3.58 was a good run ... I will move on to other pastures .. Feel sorry for newbie longs ... I still feel this will go bankrupt but I don,t believe in too much greed...for longs I have message .. Learn from this and don't give up ... I was once like you till I got my lesson in a stock named eslr in USA market .. Remember stock market is not for a reason ... Money is constant ...if you make money ...someone will lose as well same amount...it is a way common Man's money is tricked into losing and ends up making rich richer ... It's called capitalism ...so protect your money ..cut loses by selling if you need to to fight another day ... This stock is a classic case how your Money will be snatched ...once in a while you will make money but after you have invested you will notice stock falls ...there will be pumper in forums who are paid to pump up the stock with a rosy picture.. They will claim they are buying ... Beware and be care full .. Try not to stick to these stocks and move to some other ... I hope you guy recommend some loses but as I have see these kind of stocks which fall down without reason are best for shorting ..as usually they are scam disguised as one of the best stocks in market...hope I did my part.. You may see some calling be dumb ..but I have learned to swim in a place full of fraudsters who claim themselves to be great investors and that includes some big names ..I hope you will learn too



Bullboard Posts