RE:RE:The $21 Wallalwaysmoving wrote: We breached for a day shortly after the OPEC curtailment announcement, peaked at about $21.40 but ya fell sharply the next day. I'm hoping we close today above $21 and then we're smooth sailing from there, based on SEDI Meg is buying back about 300k shares a day which is about 10% of the daily volume. If they continue to do that throughout the quarter then that is enough volume to help add some consitency to the share price, I do not believe we will see sharp 5-7% + declines in a day like we've seen in the past.
no energy equity is smooth sailing ..and less shares could actually mean MORE volatility. I am a large shareholder of MEG, so beleive in the name, but posting stuff like this is nonsensical