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Bullboard - Stock Discussion Forum Global X Can Oil and Gas Equity Covered Call ETF T.ENCC

TSX:ENCC - Post Discussion

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Post by BSdetector2016 on Sep 30, 2024 8:25am

Why not BUY ?

The chart is stable as opposed to psychotic, and oil is trading at the low end of its range. I really like the distribution and if you are not a flipper ENCC represents an opportunity to make a decent return. Relying on capital appreciation is not a great way to generate steady income.
Comment by NoShoesNoShirt on Sep 30, 2024 10:58am
Put your buy in at $10. It's going there.
Comment by BSdetector2016 on Sep 30, 2024 11:41am
It's done making lower lows. $10 is a dream.
Comment by NoShoesNoShirt on Sep 30, 2024 7:44pm
I respect your opinion. We will see by Dec or Jan. 
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