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Bullboard - Stock Discussion Forum Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > Six months from now
View:
Post by Grandcentral on Aug 05, 2022 9:06am

Six months from now

Today's share price will look like a bargain.
Dips hurt, but are a great time to buy if you agree with the fundamentals and still have some buying power - problem is, bulls already have seen the upside, and are often fully invested - the selling comes from the shorts, fear, margin calls, and the uninformed, and day traders compounding these swings. Nothing has really changed in the last six months in the macro environment - we now just have governments throwing everything they have at lowering the price of commodities to fight inflation and try and win votes - this will not defeat inflation, it's like paying off debt with debt, and with rising interest rates, the governments are only making their own debt more expensive - they are only delaying and prolonging the inevitable of high energy.
The summer lull has made stocks particularly vulnerable to manipulation and swings.
Set a reminder in your calendar for six months from now with a note what the share price of TVE was today, and I bet you will wish you made some moves to buy more.
IMO and GLTA
Comment by sorrenson on Aug 08, 2022 7:45am
There is an equal chance this will be worth $0.72 like two years ago as it will be worth $7.20. Peace breaks out in Russia Venezuela puts in the American puppet and oils back to 20 bucks
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