RE:The Suncor oil price disconnect these days It's also about stock manipulation. CNQ was green every day so far, so it goes to show how they only target certain companies
Obscure1 wrote: The SU share prices Oalways moves with the price of oil.
Today, oil was down, so SU was down nearly 1%
With WTI over $80, I believe SU should be going UP every day.
Until SU gets well into the $40's, every day is ON SALE day as long as the price of oil doesn't take a dive.
We will know when mgmt thinks the share price is fully valued because that is the day they will stop buying via the NCIB