HOLD
Tourmaline Oil Corp(TOU-T)
26/07/2024
Investor is down about 10%. Sell?
He always thinks in terms of a 3-5 year hold, so getting out and back in is a tough timing question. Unique opportunity to play in the Canadian resource market. At the front of the pipe, a huge advantage. Canadian oil stocks are, globally, cheap; nobody likes them.
He wouldn't recommend selling any oil stocks because, even at $77 oil or nat gas at $2, it's low and that's why the stocks are down. The beauty about commodity stocks is that a low commodity price results in a higher commodity price sometime down the road.
Hold, and you'll be fine 3-5 years from now.
Oil / Gas
Lyle Stein
$59.420
Unknown