OTCPK:ICPVF - Post by User
Comment by
EstevanOutsideron Jun 06, 2020 1:11pm
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Post# 31120211
RE:RE:Interesting read from Globe and Mail
RE:RE:Interesting read from Globe and Mail There are lots fundamentally, John. On Friday, the US rig count continued to collapse to new historical lows while coronavirus fears subside and demand picks up, all great for forward looking outlook on the energy sector.
Not sure what you are waiting for?
Now at least another month of historically major OPEC cuts.
Enjoy the show. I kept buying since March.
JohnFriesen wrote: The big jump in energy stocks on Friday had to be short-covering, as there wasn't anything truly fundamental to create that surge. The OPEC+ extension was baked in, although confirmation today will keep us from dropping on Monday.
But as with everything coming out of the G&M, one has to do their own thinking. One of those clowns was calling for a 60-cent Canuck Buck, while we rose smartly instead.