Suncor Energy Inc T.SU

Shorts Heading Down…

[newtonboy]

Symbol	Issue Name	Shares	Net Change	Date
$SU.TO	SUNCOR ENERGY INC.	12,157,006	-3,368,862	28 Feb 2024
$SU.TO	SUNCOR ENERGY INC.	15,525,868	-47,051	14 Feb 2024
$SU.TO	SUNCOR ENERGY INC.	15,572,919	-928,415	30 Jan 2024
$SU.TO	SUNCOR ENERGY INC.	16,501,334	427,116	14 Jan 2024
$SU.TO	SUNCOR ENERGY INC.	16,074,218	921,868	30 Dec 2023

[integrity11]

BB1 just commented Newton. Of course the skilled investor of more than 50 years ( or is it 500 years) throws in his negativity towards Suncor this  morning. He is especially active on the Suncor board when SU is trading down. He voices his opinion on all subjects not Suncor related.

[integrity11]

Like many others on this board I believe SU is on its way to $50 soon. Of course global events and hedge funds will have their say as well. SU has a great CEO and doesn't have to rely on expensive exploration to maintain its production. With TransMountain likely to start its commissioning stage in Q2 or Q3, Canadian Oil should see price difference between WTS and WTI shrink and that too will

[integrity11]

Nice trend Newton. Thanks for the value added post. It's interesting how such a relatively  small volume of shorts can have such a negative impact on the share price. I would love to see the security commission clamp down on activity between traders. I believe some funds/firms were fine last year on US markets for illegal cell phone activity between traders. I am sure it is very prevalent