Tamarack Valley Energy Ltd T.TVE

Oil up 1% today

[VeritasVern]

and much higher at one point but stocks are down. Right I get it now. The stock market reaches all time highs, oil declines as do oil stocks - the stock market declines but oil down and oil stocks decline.  Makes perfect sence now - that is if the intent to manipulate markets and keep oil suppressed at least.

[geezer21]

It was indiscriminate selling today in response to the market sell off.  Everything gets sold off irrespective of fundamentals.   With markets tanking people do not have time to figure things out and out of fear simply sell off everything irrespective of fundamentals to preserve capital.  They will figure things out later.   Once the dust settles  those issues that

[geezer21]

Out of 37 O&G companies there were only two that were up and one I would not count as it is a gas distribution company in Brazil.  In virtually all of them the candle stick had a lower wick indicating that after the panic sell off buyers came back to pick up on the bargins to start driving prices back up. If there is to general market sell off tomorrow expect O&G prices to bounce

[geezer21]

Spelling correction: Out of 37 O&G companies I looked at there were only two that were up and one I would not count as it is a gas distribution company in Brazil.  In virtually all of them the candle stick had a lower wick indicating that after the panic sell off buyers came in to pick up on the bargins which started driving prices back up. If there is no general market sell off