RE:RBC - BUY - 1.93 1970Craig wrote: I was scrolling through my portfolio and with RBC they list Strong buy - Buy - Hold - ext.
I was a little surprised that Whitecap was slightly downgraded from 1.87 to 1.93 and it looks like it went from 3 strong buys to 2. Other than that I don't see much else. I also noticed the others were all slightly downgraded as well. For instance Surge witch I own ( it is not even close to the stock WCP is , I bought it because it was undervalued IMHO , ). It was lowered to 2.43 from 2.25. CPG was lowered slightly as well
So does anyone know what happened. ? I can take a guess, Royal itself lowered the sector in a blanket . With the run up we have had it does make sense.
That being said !!!! We are still a buy !
I am just posting what I noticed , and my view has not
changed. Just feel given we all have money in this all or any changes as little as they may be are worth noting.
It's been a while since I saw any thing moving the wrong way.
Hope you are all good !!
c
I think oil stocks will trade sideways or perhaps a little up over the next two months. Year end numbers coming out and they'll be good but nowhere close to what Q1 numbers will look like 2 months from now. I think there's a lot of hype and there's a risk the year end numbers, based on oil prices before the hype really amped up, disappoint relative to the Johnny come lately expectations that it's going to rain money. I think all the mid caps will start making their big moves based on Q1 pricing.