Crazy to be selling at WTI $75I'm with you pool and law,
My 2 cents is that today's price action as nothing to do with SU.
With the huge market run up since the end of October in large part because of the now magnificent 6, we were more than due for
a pull back.
In fact on a relative basis,SU is outperforming the market(talking of today only).
Scared investors and fast money are getting out because of this am PCI data.
Who knows what tomorrow will be.Nobody knows.
With market down about 2% everything is red.
Down south, XOM,VLO,CVX,COP...are all down. Here most CDN E&P are also down.
This is another good buying opportunity for investors who have more than an horizon of a few
days.
The value and profitability is there so no worry on my part.