First thing to do: kick Trudeau outLike this stock a lot as a long term hold. I will buy more at 2.40ish too.
I am not a perma oil bull. I think a moderate bullish scenario is the most likely outcome for the whole oil sector this year. Realistically, WTI crude should be able to hit the range 61- 67 sometime this year.
This year is also election year and in October we could see a sector wide rally if we can kick the liberal party out. They are toxic to the Canadian oil and gas sector. Once they are out, we should see a brief bull run in the energy sector.
GLTA! I will be a long-term holder of this stock