Cenovus Energy Inc CVE

Technical follow up

[billroth]

The short term support i previously talked about at $22 is failing and i expect a new test of the last 2 year support at $20.

[downwithdotcom1]

bill wrote: The short term support i previously talked about at $22 is failing and i expect a new test of the last 2 year support at $20... tax loss selling season, oil down yet again threatening to go below $67 and a a generally neg view of CVE's management to capture spreads with their US refining and you want to tell us you expect a test of $20 according to your analysis???  don'

[billroth]

Just an opinion... obviously, you don't like it. It's OK, everyone is entitled to his own opinion. By the way, i'm not a professionnal so you can ignore everything i say. When i post something, i like to see other opinion and i don't expect total agreeing. But the trash talk is useless !  .

[cashtango00]

Its not trash talk, i own shares, but the reality is the management team has dug a big hole and the market is fully aware which explains the severe underperformance.  I hold for the upstream exposure that should play out over the long term, but in the short to med term, there are better options.  I'm not as niave as some who think posting on Stockhouse will have any effect on a 40b

[billroth]

About the trash talk, i was answering dwdc !

[mrbb]

there is a box labeled 'quote' so people know who you're replying to

[cashtango00]

unfortunately CVE is a poorly executing company in an industry with major headwinds.  If money is going to flow into energy/oil, there are much better management groups out there.