Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

Energy Oil & Gas E&P
Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.


NYSE:OVV - Post by User

Ovintiv Inc
Bullboard Posts
User Avatar Image
(90)
•••
Comment by GasPro2017on Apr 16, 2020 11:02pm
95 Views
Post# 30920013

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I agree with others, I'm on the sidelines until $3.2 Cad

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I agree with others, I'm on the sidelines until $3.2 CadThis is a strange discussion, but hey, what else is there to do during social distancing :)

There are three positions

1.Short-wants it to go down
2.Cash-does not want to paricipate in either direction
3. Long -wants it to go up

You are claiming that because I sold, its essentially a short. That is not correct.

If one uses stretched reasoning like that, you could say that my selling was actually a long play, because now I will have to rebuy and push up the share price. So I'd be feeding into the long frenzy, that would benefit my new long position. Also not correct.

The point is, is that cash is not a short or long, its a unique position.

I don't know if that make sense :)



Bullboard Posts
Dealroom for high-potential pre-IPO opportunities