Post by
Wynjoe on May 28, 2021 3:21pm
SELL SUNCOR...BUY CENOVUS???
Cenovus is at least concentrating on oil output and cutting debt.Suncors investing to heavily into something other then what it is for my taste.Suncor has lots of cash to burn through yet with its hydrogen and windfarming ventures.May work in the long run but existing investors should see returns sooner rather then later.For future hindsighting as i write this you can buy Cenovus for $9.82 and Suncor for $27.92.
Comment by
Plus50 on May 28, 2021 6:16pm
I did texactly that today. I sold some SU and bought some Cenovus. The SU i sold i bought at $15/share so it didnt hurt much. The rest will have to sit for a while.