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Bullboard - Stock Discussion Forum Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and... see more

TSX:TCW - Post Discussion

Trican Well Service Ltd > I have owned this stock for years.
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Post by Snowball1843657 on Feb 19, 2022 7:20pm

I have owned this stock for years.

I bought this stock years ago @4.00 seen it go down to 50 cents and then back to almost even. I am asking for advice should I sell or hold onto it? In this market what do you do?
Comment by NikoDoughski on Feb 20, 2022 6:11am
i'm looking for double digits before I sell. market just waking up now. rig count should go up bigtime in 2H if they can find the people. very BULL for trican which is about to RENEGOTIATE new service rates with critical customers. if you sell, I'll be buying your shares.
Comment by Lupuslupus on Feb 20, 2022 11:04pm
Hold on for now the outlook for oil looks very positive - certainly into 2023 and oil services sector will also benefit, even though many producers are going to be much more conservative when it comes to drilling new wells, their will be new wells drilled, and the longer the bull market for oil lasts, the greater number of wells will be drilled it's just the way the cycle works ride the wave ...more  
Comment by byloselhir on Feb 24, 2022 8:03am
i can only comment on what i do i am NOT an advisor, i look at how much money i invested then decide am i going to sell enough to cover 50% of my cost or to cover 100% then i hold the rest for long term
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