RE:RE:The Pro's Worst tumblersLOL may 11th everything was going to zero that is why you loaded up on cpg at 88 cents
It seems our football buddy is alwasys running out of bounds with these cut and pastes
like may 11th .. come on now ... one more like that and I will even ignor you lol
Backinblack1000 wrote: Like the late great Tom Petty says....short??
juvefooballclub wrote: 2 Oil Stocks That Could Drop to $0 in 2020
Christopher Liew, CFA | May 11, 2020 | More on: CPG BIR CPG
Image source: Getty Images The negative sentiment on oil stocks is likely to carry on for months. There will be more losers than winners as capital flees from a sector that is showing minimal signs of rebounding. Canadian oil companies are no longer attractive as they were in previous years. Some might even be insolvent before this year is over.
The shares of Birchcliff Energy (TSX:BIR) and Crescent Point Energy (TSX:CPG)(NYSE:CPG) are trading below $4. Their year-to-date losses are 42.8% and 68.5%, respectively. It might come to the point that the prices of these oil stocks will drop to zero in 2021.