RE:meg is going up, these prices are a stealCpg will be my next buy. I like that they are in Saskatchewan (no ndp). With cve I'm worried ConocoPhillips may dump the shares they acquired in the asset sale and that they won't get the best price for their assets.
cpg was just a little to aggressive early on in the oil crash. Good company, they have room to cost cut and their business plan seems pretty solid.
Im thinking with the interest hike pending in Canada that is putting a little pressure on companies with hirer debt. But these prices are sooooo good!
2015ideaman wrote: ideaman got out of meg awhile back....today got back in at 3.42...
can buy a lot of shares at this low price with very reasonable investment...wow can't believe it...
meg ceo says breakeven is $45 oil....
today also in huge ath at .96....cpg at 9.11 and cve 9.09....
now just park the truckloads and wait.....how long you think 12 months, 18 or 24 mos....
plan to get into bir but will wait a bit on that one....
cxb looking good but will wait a bit on that one as well....
good luck to all with your stock bets....
cheers...from ideaman