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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. It is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from SAGD oil assets. Its Montney development is positioned in some of the active regions in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Post by MichaelRyan2on Jun 12, 2020 12:52pm
126 Views
Post# 31144001

Anyone CAREFULLY watching the L2 and flow of orders?

Anyone CAREFULLY watching the L2 and flow of orders?

Can anyone provide a link where I can buy subscription to getting daily House Positions on cdn/us equities?!

I got a gut feeling some one is accumulating !!!

Today wasnt a pump and dump in my opinion - I believe its some one who is continuing to accumulate their position and not giving a $hit if he/she pays $0.74 or $0.85 a share -  the volume came in all at once, I know cause first hour as papi said it was really low/slow and then I watched my ticker second by second volume exploded but I dont have L2 for venture exchange to see what houses were buying and selling

If this goes back below $0.70 I will be loading up more- all the penny flippers, shorties, and debbie downers (not talking about you here papi lol) say what you will about $hitty upcoming earnings, and no sports, covid19, blah, blah blah...

I got a serious gut feeling based on all my research and evolution of the sector / industry some one is going to take a run at Score, and if they are smart they will do it NOW!

Why wait til sports returns, revenues spike, Canada legalizalizes sports betting, more analysts cover the stock, and get stuck paying 2-3X todays value! Be more strategic to try and take a run at them NOW at a discounted premium where maybe Levy is considering the uphill battle and economy ahead and willing to offload sooner or lower than originally envisioned....  or maybe some one takes a run at score before a fellow competitor does!!!

I see:  PENN NATIONAL (with its current Barstools acquisition), Draft Kings, and Disney via ESPN seeing Score as a tremendous asset to its portfolio and book of business!  

If some one was to take a run at Score - who do you think would be most likely or profit the best or be the greatest synergy?!

I truly do see Score as being a top stock pick aka investment over the next 12-36 months and I truly believe the guys like Papi and MRH who just stick it out will make the most amount of money which is why I cant stand papi's rants about penny flippers cause ultimately at some point down the road when score goes to $5+ or we get bought out for 150%+ premium overnight the penny flippers and short sighted traders instantly become pretty irrelevant.  

YES, I have traded Score multiple times because... I can and have been able to successfully in times of fear (before when I thought stock was going to get slaughtered!) and when I seen it spike and go way overvalued technically.... but I've always kept a core position in my TFSA regardless of swings because I believe in the company, its leadership and where it is headed!




 

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