Tamarack Valley Energy Ltd T.TVE

RBC

[Dibah420]

Was negative back in December and the bee is still stinging in the bonnet.

RBC Capital Markets Comments On Tamarack Valley's Q4 2023 Results

MT Newswires - Mar 04, 2024 11:43 AM EST

11:43 AM EST, 03/04/2024 (MT Newswires) -- RBC Capital Markets said Monday that Tamarack Valley Energy Ltd. (TVE.TO) delivered in-line results in the fourth quarter of 2023.

According to RBC, management accelerated capital into the final quarter of the year to take advantage of favorable weather and level load the program.

RBC said Tamarack's 2024 outlook remains intact, with management continuing to focus on debt repayment and enhanced shareholder returns.

"In our view, sentiment continues to skew negative with investors likely looking for strong operational execution through the next few prints prior to reengaging," RBC said.

Price: 3.52, Change: +0.03, Percent Change: +0.86

[egee]

It's a known fact rbc DOES NOT like  TVE shouldn't be but is

[geezer21]

RBC quotes Calibre's positive facts then expresses a negative opinion and attributes it to "sentiment continues to skew negative with investors". They analysis deems to speak for all investors and deems to know what the sentiment of all investors is rather then stating it as their opinion.  

[geezer21]

Correction: RBC quotes Calibre's positive facts then expresses a negative opinion and attributes it to "sentiment continues to skew negative with investors". The analyst deems to speak for all investors and deems to know what the sentiment of all investors is rather then stating it as their opinion.

[Dibah420]

You are absolutely correct.  However, the interaction between analysts' commentary and investor reaction can become, as in this case, a pernicious self-fulfilling circle of cause-effect; with each citing the other as authority. I recall that back in December a highly respected and prolific poster,  "retiredcf" announced that he was selling his position based inter alia on