RE:RE:RE:RE:Anyone Know Why There Is No Loveit never fails that some day traders come out and take a bow when a share price lowers and we never see them when it's in positive territory. You can put politics behind why TCW went down in recent days; the sector as a whole was/is still down. Sentiments will turn shortly and I'm prepared to say many on this board will be quiet. Joker on every board. Xanax is the answer
rob1237 wrote: Theres no love for drillers in canada. Whats the point when we dont have pipes to sell the sh%t load of nat gas we have ...pathetic politics.
But i still own at close to the bottom price. Triple bottom with a break below-it. Strong oil prices today due to the monster hurricane hitting the states and most oil stocks up...oil up over 2 %.......except TCW that hit a new low today with a weak bounce. . .
We cant afford to bang against too many new lows technically. I have decreased my position slightly.
Its a good company in a unwanted and unloved sector...drilling. Like we need more nat gas or oil...soon we will paying trucking companies to take it for free or flare it. Candian oil and gas price quoted in canadian hub prices is scary low compared to international Brent hub pricing.
Its shameful what uneducated and ill informed politicians and people do. We should take all Canadians benefits away then watch these idiots do a 180.
What a Joke canada has become,
saudi and russians ( and usa) use social media to ( and spends many many millions) in Canada and the rest of the world to tarnish the oil sands so they can grab our market share. USA is the second biggest oil producer, is an oil exporter, and has 4 LNG plants up and running selling nat gas world wide.
We have the biggest reserves in the world and we can get a pipeline approved ..and we sell our nat gas at .90 cents locally and oil at $30.international to the usa and they flip it for $68 to the world. . while our oil industry withers beyond recovery Justin Trudeau practices yoga with his cat.
thesaudis and russian and USA are just laughting and the coup they pulled off with getting us out of the market.
Dirty oil. Lol. I Never heard of clean oil ...joke. And we all fall for it and let the rest of the world produce full tilt.
Canada will pay the price when its too late.