Tamarack Valley Energy Ltd T.TVE

Overdone

[MLEWICKIMBA]

1. GDP in the USA is good.
2. One reading on employment and BOOM.
3. War on the horizon and oil down?

4. The computerized trading can do as it likes.  

5. Why not trade it down then when an attack happens assuming it does imagine the price surge/profits.

6. All at the expense of retail investors.

7.We have been here before.  We will prevail.  The large banks/wealth managers will be buying soon and wll provide liquidity in the market.  When it turns we will be back to 4 bucks.

ML

[dandu1924]

" When it turns we will be back to 4 bucks " BUT  BEFORE that  we will going down to WHAT???  TO $3, to $2  or $1.00, this is the big risky question ???don't you.

[MLEWICKIMBA]

Oil is 72 -- so maybe 3.40 But I dont think less than that. The CAD Dollar and the lower cost of production TVE has achieve is some protection. How many traders didnt get out?   Its all overdone due to Japan and one employment report. It sure doesn't reflect 60% of ROC and 40% on debt but at $72.00 that means less. Oil will be 75 Bucks again soon.  OPEC will not add

[wannabebuffet]

Very rare recessions happen in a US election year. I doubt one will happen now. Fed is asleep at the swutch but will react in September - late, but better than never. China is reinflating - effects should be felt soon. I'm just reinvesting dividends and waiting it out. The company vision is clearly visible now and all is in place to have money roll in going forward. Would like the debt to be

[MLEWICKIMBA]

yes debt is always an issue. but TVE has 7.5% interest costs now on 883M so its not miuch to manage as their CEO said.  He is more comfortable where the debt is as of June 30, 2024. the firm is more resilient that is for sure. but as we know the scared traders will be selling. Oil seems to be holding let's hope this is it and tomorrow the markets are in the green.

[Dibah420]

TSX, after the Aug holiday, will likely open seriously in the red.