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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Bullboard Posts
Comment by GasPro2017on May 26, 2020 10:49am
153 Views
Post# 31072886

RE:anyone know wtf is so special about 2$?

RE:anyone know wtf is so special about 2$?This happens with literally every stock. Hits some resistance, and consolidates there. The shorts want to keep it below $2. The longer this goes on, the more violently it will spring upwards when it does. 

Those who sell, will miss the 10% upswing, because it'll happen faster than they can even respond. Same with the shorters right now. They will have to cover, and they will add to the buying pressure. And they will be scrambling to cover when the longs push it up suddenly.

Happened with WCP last couple of weeks.....could not get above $1.80.......totally frustrating....then bam.....it surpassed CPG. 

Patience. CPGwill be above $2.2 soon enough imo
Bullboard Posts