Post by
Wynjoe on Mar 03, 2022 6:35pm
Many investors waiting for a pullback..
That hopefully never comes.With oil prices where they are,Suncor should definitely be over $45.00.We had a great run,and I am certain many sold,thinking a pullback in s/p inevitable, however,they got caught with extreme oil prices and Russia/Ukraine war.I dont think s/p will drop much further and that's why a Gigantic spike is on the horizon.Panic buying is almost certain to soon come to a broker near you, lol.Its coming baby!!!!!$45.00 ONE DAY!!!!
Comment by
555rookie555 on Mar 03, 2022 7:07pm
this is reasonable and reason always wins despite short term games/illogical business practice.
Comment by
Galic1 on Mar 03, 2022 7:36pm
I don't think we are going to get a pullback, every time I take profits I'm paying more to buy back. I drove by a gas station tonight and there were cars lined up around the corner because they didn't raise their prices yet, all the other stations were over $1.80 a litre
Comment by
DBNORTH on Mar 03, 2022 7:37pm
May get a pullback b/c of the dividend but my bet is if you see 38$ and oil hasn't crashed, that's as good as it gets. I am holding now for the dividend, just as I did ENB. ENB went from 55 down to 52 after the last divy and is now at 56$. I need the dividend for CRA. This sure is a pig compared to others but we can still hope for that 45$ eventually.
Comment by
Galic1 on Mar 03, 2022 7:44pm
Putin is attacking the largest nuclear power plant in Europe fire has broken out and it will be 10 times larger than Chernobyl we are doomed
Comment by
Galic1 on Mar 03, 2022 10:32pm
Yeah sure wait for tomorrow you are obviously shorting SU hope you get smoked tomorrow you deserve it
Comment by
NPCexe on Mar 04, 2022 8:10am
Shorting SU!? Nonsense my good sir! Although it would be nice for the price to correct a little... so I could buy more, muahaha