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Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout... see more

TSX:MEG - Post Discussion

MEG Energy Corp > Opinion on price action
View:
Post by Jonzeeee on Feb 12, 2021 9:47am

Opinion on price action

clearly meg is being walked down. Is the company shorting their own stock here? Looks like blatant price manipulation yesterday and this morning.
Comment by barneyj44 on Feb 12, 2021 9:53am
I think it's just plain simple profit taking from those that got in cheaper. I took a little off the table last week at $5.35 only to see it go higher. Holding the rest til summer driving season where it should be in the $6 to $7 range.
Comment by Backinblack1000 on Feb 12, 2021 10:10am
This post has been removed in accordance with Community Policy
Comment by Jonzeeee on Feb 12, 2021 11:26am
oil up over 1%. Someone is screwing with meg stock currently.
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