Post by
Luckyeleven on Jul 05, 2022 7:47pm
Still holding some
and still okay with the name. The SP is struggling lately like most energy names and hoping the company is taking advantage of their NCIB. Saw some big bids come in at the lows and thinking good chance those may be from the company. Just speculation on my part but since they do have an NCIB in place and the SP is languishing
Comment by
Mackthenife on Jul 06, 2022 11:54am
Even better opportunity for NCIB buybacks today. Hope they snag a couple million here
Comment by
Roscoe747 on Jul 06, 2022 2:12pm
I wonder how much the sp dropping to $1.04 had to do with forced margin sales and redemption pressures. While I doubt there is much in the way of fund holdings due to fund participation thresholds, forced sales will create buying opportunity. Hang in there. Q2/22 release July 25 after markets close.
Comment by
Roscoe747 on Jul 06, 2022 9:00pm
I'm wondering if any insiders are buying with their own money at these levels. They exercised options and bought in the market ~$1.50 so this price should test their resolve.