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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.


TSX:CVE - Post by User

Post by RagingBull3on May 01, 2022 9:53pm
460 Views
Post# 34646540

Rule # 3

Rule # 3If you ignored Rule #1 and #2 and realized you made a mistake after you bought...... SELL and TAKE the Hit......  If it's heading south, better to sell and take a hit and get your cash back than to become a "long term shareholder"  waiting to recover your paper losses.  

If it's going lower, just sell.  If you really want to own the stock, you can just buy it back at a lower price.

Buy Low, Sell High...... That's what traders do everyday/week.     Why wouldn't you do it in a Market Crash????!!!!!!!!

OH, right.... because virtually all the money managers tell everyone to HOLD during a downturn.

All just my opinion/view/thinking
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