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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

Post by Vinnie3on Apr 24, 2021 1:09am
463 Views
Post# 33060808

Why is CPG down so much- like 5.62 then down .10

Why is CPG down so much- like 5.62 then down .10 Traders are in the CPG casino. Way above average volumes for a relatively small player, way highest number of lots by day traders in the oil sector. Its a gold mine of action.

For example with $250000 you can short and drive the price down .5 to .10 easy , you see all the orders below the market price. At appropriate times you short big time when the buy lots goimg down are really small and you make it cascade down. Gaps.Once there you buy back and knowing there are so many day traders a good number will drive the price back up especilly when you immediately start slowly buying after covering your short to give it a kick start. It does not work well when driving the price up , it works well when shorting and in a very crowded  area of traders, The action casino right now is CPG , it will change.
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