Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.

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Nuvista Energy Ltd > Interesting

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Comment by Sugareeon Jan 06, 2022 1:54pm

87 Views

Post# 34289945

RE:RE:RE:RE:Interesting

It really does seem manipulated, pulls back everytime it hits the $7.20's this past week. Could be a seller, or could be accumulation. Back to my Stop Loss Limit Order hunting scenario to steal and accumulate shares before they have enough to let it run.

Good for traders, but one day it will break out of the range, and if that trader is out, he might lose his shares for good on a spike. Or pay up, and then all the trades end up for naught. Been there before with stocks. Holding NVA for at least $10.00, then may shed a chunk.

Really looking to see where we are March 9 and the week after the news.

controller7 wrote:
Seems to be someone with a large position selling. Every time it starts to make a run the seller steps in. Paramount unloading their position? Hopefully they are done soon so we don't miss out on this jump in petroleum prices.

Cheers,
Controller7