RE:RE:RE:RE:RE:Great to see Rod! - Clearwater well payout in 60-90 days I agree and that's the massive correction I see coming... the general market/indexes. We had a whole stockhouse discussion the other day on weather or not energy stocks would be part of the crash. Some here don't think so but I do. Because give a massive correction and depending on what or who the catalyst is (like China's real estate bubble) I think the oil price would crash but due to tightness probably remain above $55. I sure hope there's no sale or merger... who wants to see another merger/capital restructuring reminiscent of Raging River lolll NO ONE!! The market hated it.
Wildfury wrote:
I don't see a major correction in energy, its the market in general, close to record highs, covid still a problem, inflation worries, supply chain problems, shortage of workers because too many people are spoiled with free cash and don't want to work. I hope it doesn't happen but you have to admit that it just looks a bit to easy now for people that own energy stocks. Don't be borrowing on your line of credit or on margin, believe me cause the big boys won't hesitate to pull the plug on every one. As for Baytex, does anyone think that there's a possibility of a sale or merger coming?