MEG Energy Corp MEGEF

Upside

[aegisfang9]

Hello MEG board members,
As someone who has held quite a few shares since under $19 days I had set a $30 target. What are your targets and would you expound on the reasoning; greatly appreciated! When a stock reaches it's target I take a hard look at the intermediate prospects instead of just selling. In this case it's just too close to the company's debt net target plus imminent TMX startup to selll ....
Aegis

[AKmann]

Agree, Hard to sell when you can see good things on the horizon.

[CJInvestor]

I see a 34-36 target myself before selling one share. I've been in since 23 bucks. Momentum is in our favor right now. Should be 34 by the fall. 

[robert41]

If oil averages over $80 MEG will be well over $34 in the fall. The cash flows will be way over budget. Looking forward to the fall.

[Moemoney42]

The upside with the TM expansion, stronger crude prices, better WCS differentials, and lower debt with the option for a divi by years end tells me this stock is moving higher and I wouldn't be surprised to see $40/share by years end! By introducing a divi it would enable "dividend only" funds to invest.. and that will spur a lot of buying by a whole new group of investment funds.. I