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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by Whynotpeanut10on Jul 20, 2023 2:01pm
221 Views
Post# 35550081

RE:RE:Not properly wired

RE:RE:Not properly wiredCount me in.I started investing at the age of 18, i am now 62 so i have made hundred of these mistakes.

Being retired and not having a pension fund, i only invest in very solid and profitable company.But even so, every time there is a huge correction in the market and my stocks goes down with it, i feel the need to sell a portion of my portfolio to secure my capital.

WELL,BIG MISTAKE ON MY PART. Afew weeks/months later, the stocks i sold, are usually higher
then the price i sold them.

I always say to my best friend, i am my worst ennemy.To succeed, we need to be able to control
our emotions.Easier said than done.

I, like you added to my already outsized position in SU this morning.

Over the past few years, i try to go the other way.When i feel bad and some of what i believe are sound, good and very profitable company, i buy more.

Some will say,you are adding $$$ to a already bad position, you should never average down.

Well in my case, it as worked out very well.

Good luck to all and just like many have said on this board, this SU board is by far one of the few good one there is.




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