RE:RE:RE:RE:$83 oilYes, same pattern again--a small rise in share price and then COP jumps on the sell button and the day traders start cashing it in as well. I guess a 2-3% profit a day is a good living for some people but hey that's the financial system.
The World still has a tough time realizing that the last 7 years of underinvestment will have structural effects that will last a decade but they will have to discover this the hard way.
CVE probably only "holds" at 15+ once the quarterly report is out and the new net debt and cash flow numbers are confirmed. Until then the skepticism continues--no porblem I'll continue to hold and the same goes for SU and IMO although IMO has been on a real tear and is back to its recent historical levels.