RE:RE:Hello? Where did everyone go?This is definitely a good place to be during a down draft compared to some of the small and microcaps. Though I think there is more pain ahead which will lead many investors to cap up to CNQ and CVE to take some risk of the table. It would take an epic, prolonged collapse for those large caps to go under.
It wouldn't take a very long time of oil trading in the 40s and 50s to see some of the smaller cap names go under. We could see 50s soon. Hold on to your hats!
barneyj44 wrote:
One would think Wcp management would have a better long term grasp on the Oil and Gas sector then many of the tunnel vision short sighted energy investors. This is all covid related and it too shall pass.