Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s): CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Ragingbull ;

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Post by 1rockit on Feb 12, 2022 3:51pm

Ragingbull ;

I believe we all have the right to worry a little.. With interest rate moving up because of big time inflation yet at the same time public sentiment going into the toilet ( yesterday's numbers going from 67 to 61 and a number of 50 or less means were going into recession ) .. The world Governments are like you said, in a bit of a pickle ..Alls we can do as investors is be prepared.. I just took a pretty big position in gold yesterday.. Hopefully gold breaks threw $1,880.00 . If this is the case ALL gold stocks will be looking to make new highs in the coming months . Personally I'm only in oil , and gold rite now .. We'll have to see what happens over the next couple weeks. Dont forget if Russia comes out and says that they're pulling back, all gold and oil stocks will come crashing down!!! Ouch ! LOL

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Comment by RagingBull3 on Feb 13, 2022 12:55pm

I'm sitting in CASH..... The worst thing everyone says you can do in times of inflation. I may not re-enter the market.... it kind of disgusts me right now.... I know I'm letting my emotions affect my investment decisions..... but it just feels right even if I'm missing out. All just my opinion/view/thinking

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Cenovus Energy Inc