18 Months Ago....In the middle of 2020 all North American oil companies were doomed. Fossil fuels were out and anything frac/oilsands-related was a disaster. Those of us who said nonsense, have seen our investments increase 100-500% in only 18 months - all the while getting paid to wait through juicy dividends and call premiums. That train-wreck reminds me of how this sector has capitulated...
Yes I'm sure the US, Germany and Europe will take their time to regulate adult-use - but its coming. I think 500%+ gains are achievable to the winners in this sector. We will be one of them. Be patient and don't feed the shorts. Add if you can. Its only a matter of time before the sector sentiment improves and IS pulls his next rabbit out of the hat.
Good luck to the longs JRMJ