Post by
DaveInvestor59 on Jul 27, 2021 1:01pm
Energy Stocks Not Performing
These Canadian energy stocks are so annoying. Enerplus down 5% today while WTI is still over $70.00 a barrel. The stocks aren't performing anymore. I wonder why.
Comment by
therealDonald on Jul 27, 2021 11:55pm
Hopefully good Q2 numbers will wake up the market. Lots of reporting going on in the next few weeks.
Comment by
DaveInvestor59 on Jul 29, 2021 2:37pm
There's something wrong with this stock. WTI up over $1.00 today and Enerplus down almost 1%. What's going on with this stock. It's not performing like other energy stocks anymore. It used to have big moves up on WTI positive days. Is it being shorted? Does anyone have an opinion?
Comment by
fullyautomatic on Jul 30, 2021 11:27am
Expect earnings to be good, Possible hangover on old hedges, not quite like BTE (I hope). Try to block out day to day noise. I do this by max long calls all the way out to July 2022. Miss out on the divy but I'm able to control way more stock. These sideways days do provide opportunity to scale up postions. Good luck
Comment by
fullyautomatic on Jul 30, 2021 12:56pm
Look at the vol today on $7 July 2022 calls!!! Guess I'm not alone
Comment by
DaveInvestor59 on Jul 30, 2021 1:45pm
Thank you fullyautomatic. Great advice. I'll try to stop looking on a daily basis, even though I know I will lol.