Post by
RookieReturns on Jun 02, 2021 4:47pm
What happened today?
Just as the title says, wondering what happened to the stock today? None of the other companies I follow had that kind of slide except NuVista. Crude was up today so I not understanding. Hedges? A little reconcile? Any thoughts?
Comment by
Robertboblaw on Jun 02, 2021 5:07pm
Who tf knows? Lots of profit taking my guess. Bad day though. Oil is going strong though, which is encouraging.
Comment by
Raymondjames on Jun 02, 2021 5:57pm
I was busy today but happy to buy a ton in this range tomorrow. Cheap here. Nothing to worry about.
Comment by
RookieReturns on Jun 02, 2021 7:05pm
Not worried, just looking to see if anyone had some kind of "fundamentals" explanation of the drop. Wish I had more cash to put in, might look at Crescent Point as another place to park some cash.
Comment by
Raymondjames on Jun 02, 2021 9:34pm
Fundamentals don't change in a day nor a quarter. Pou is a blue chip intermediate now. Business model is top tier. Looking at inclusion in the S&P/tsx comp index.
Comment by
Raymondjames on Jun 02, 2021 7:02pm
Rookie - these are the moments to buy more. When you ask yourself wtf, that's a time to buy. I couldn't buy as much as I would normally but was responsible for all the volume on the July$9c today. Cheap. Buy here.