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Cequence Energy Ltd Common CEQXF



GREY:CEQXF - Post by User

Comment by EstevanOutsideron Mar 11, 2020 11:27pm
34 Views
Post# 30797078

RE:RE:RE:RE:A Herculian Effort Here

RE:RE:RE:RE:A Herculian Effort Here

except the drop was not specific to cequence.  "premier" shale names have lost 75% of their value in the past month, so I would say that Cequence has held up pretty well considering.

The bid-ask spread today was crazy.  There are no sellers left.

Expect gas prices to improve to $3+ this year as capex collapses in North America.
 

Natural gas demand continues to grow.

We appecite your comments leopold, but as you were told:  the stock is already down 98% and in my case, my average is 0.93 cents so we are already skin in the game.  This is not the time to sell as there is a chance of a huge natural gas spike as the US shale industry goes bankrupt.
 

Cequence is not a leveraged oil company.  It has proven to have individuals within who are supportive of the company.  
 

It's a game of system elimination - Cequence can survive several more quarters.

Not the time to quit and take your 0.11 cents.

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