RE:RE:Why the poor reaction to oil and gas?Thanks for the response Pierre,
The appreciation in the $ Cad is one factor that I didn't consider and I can see that it would help to explain Friday. However , given the magnitude and unusual rise in Nat Gas and especially WTI, it is hard for me to believe that it is the only factor. Personally, I think that a number of factors were at work, possibly even the Friday factor.
If these oil and gas prices hold through Monday, I predict a better performance for O and G stocks than we saw on Friday.
As for WCP, I have nothing negative to say about the Company, management or it's performance over the last 2 years. I continues to be one of my go to energy stocks !
Thanks again for sharing your thoughts !
Rico