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

Add To Watchlist

TSX:MEG - Post Discussion

MEG Energy Corp > MEG hit 40% off 52 week high this AM

View:

Post by TheWokeLemming on Aug 05, 2022 10:46am

MEG hit 40% off 52 week high this AM

Was $14.61 the bottom? Never say never but the selloff was extreme. WTI now back above $90

211

Comment

Comment by Cobalt on Aug 05, 2022 11:41am

Could not pass that deal up , cheers

104

Comment

Comment by TheWokeLemming on Aug 05, 2022 11:55am

And it's still lagging the sector. Probably the most beat up since early June.

118

Comment

Comment by Cobalt on Aug 12, 2022 1:05pm

Who says you cant pick a bottom damn that was dirt cheap , thanks TA , go go Eric

146

Comment

Comment by jleer42 on Aug 12, 2022 1:20pm

I bought more Meg twice on the way down. Had a third bid in at $14.60, horeshoes and hand grenades...

187

Comment

Comment by TheWokeLemming on Aug 13, 2022 11:42am

Yes it can be done Cobalt! You and I seem to be on the same page as buy and hold doesn't equate to returns on the massive side. Always keep a little on the side in this market as that's where the real gains are being made on this roller coaster energy market. Sell the highs! My opinion only.

339

Comment

MEG Energy Corp