RE:Bought!Fundamentally I think with oil at $65 I think CVE is PROFITABLE, Which means equity value should be increasing. Generally that would mean share price should go up unless company pays out all it's profits in Dividends.
Of coarse there's other reasons that drive share price up and down.....for people to buy and sell. How Shareholders are treated is one of them, at least in my books it is.
All just my opinion/view/thinking.
JohnSP wrote: So COP will finally start selling it's 10% stake in CVE now and complete over next 19 months, that's 0.5% of CVE a month, a reasonable timeline by COP.
Thus CVE's 4.5% dump this morning is unwarranted, I'm hurting as own CVE but added to my CVE holdings this morning. GLTA.