Post by
RevT79 on Feb 10, 2021 12:37pm
Long term hold
On a short term hold this is quite frustrating!
long term this is a no brainer as they are printing money rigth now!
about 1.5 millions$ a day!!
it reminds me of one of my other holding kirkland lake mining!
profit of 1.2 billions no debts but trading at 49$
kknda funny how the market is these days!
Comment by
virgintrader99 on Feb 10, 2021 12:48pm
I'm also holding alot of shares but kind of frustrating to see others oils stock going up and this one can't even bounce back in June high
Comment by
Moemoney42 on Feb 10, 2021 1:27pm
I agree with the company issueing a small divi before a share buyback.. the divi would allow "dividend funds" to buy the stock which would bring a few more institutional investor dollars to the table.. every little bit helps..
Comment by
BSdetector2016 on Feb 10, 2021 1:53pm
I am stuck with a mitt full of shares and yes, it's very frustrating. I am at the point now of admitting that it's dead money and moving to something that will perform. It's about how your portfolio performs, not an individual stock. This one is a dog as I'm sure we all realise.
Comment by
RevT79 on Feb 10, 2021 2:02pm
Same thing happened last week same day before the announcement of 6 million barrel draw. Then it went up! it would probably me more down but nobody is selling .tommorow will be interesting!
Comment by
stockmarket1 on Feb 10, 2021 3:07pm
Years to break even? Why not average down at these prices which will bring your average cost much lower?
Comment by
virgintrader99 on Feb 10, 2021 3:22pm
I can't believe it How cheap VET trading it's make me sick
Comment by
downtozero on Feb 10, 2021 3:39pm
Longest oil rally in 2 years (according to bloomberg) and VET is not rallying. Why not???
Comment by
baranja on Feb 10, 2021 4:10pm
Absolute dog shi* this one. CPG is aloso garbage nowdays, but this shi* seating on 30% of pre-takedown value in Feb last year. Absolutely number one oil and gas junk on TMX
Comment by
stockmarket1 on Feb 10, 2021 6:21pm
Agree and you watch. The next time VET has a red day -- could be tomorrow or Friday -- watch how swift it goes down!