RE:Josef Schachter It will never be under 30 CDN again. The last time it traded as low as it did was like in 2008 market crash. People who bought in under 30 were gifted a decade low that was totally unjustified.
Maybe sometime in ten years we will see sub 30 but I highly doubt it. The big dogs lent their shares out so their scrub friends could short the stock. Then the big dogs called in their shares when the price was low and started increasing their positionj on the cheap.
Most solid oil play in NA should never have reached 28 per share in December. Was a total farce for the big dogs to get cheap shares.
sherry532 wrote: "They are on BNN this afternoon. They reported results yesterday. They did a $1.46 in cash flow. He likes the stock and his target is $50. There is a fabulous dividend of 7.5%. Anytime this stock backs off below $30 it is a buy and you are getting a fabulous yield."