Post by
EnergyWatcher55 on Feb 19, 2021 12:23pm
VET has FREE CASH FLOW. Oil goes down a bit and ppl panic??
WTI is in the high $50s and Brent in the $60 range and some people on this chat board start pissing their pants, panic and bash VET.
Seriouly? VET is producing FCF.
If you don't like VET go buy some other oily names.
Comment by
Frost19 on Feb 19, 2021 1:41pm
It's funny because sentiment is low seeing WTI below $60 but WTI at $58-59 is still amazing for VET. Only a few weeks ago oil was $50-53 range and we were all thrilled. Always 2 steps forward and 1 step back.
Comment by
lashing on Feb 19, 2021 1:47pm
YET was trading hiher in the 50's that upon going over 60. You are right, this is crazy and nothing is about fundamentals anymore. Its all emotion and market games.
Comment by
baranja on Feb 19, 2021 2:13pm
Wake up all, it is not "people" selling, those are Banks like TD, BMO, Royal.. that rig all of those energy stocks. It is all part of the plan to "save the planet", but in essence, to protect their fiat currencies that they print out of thin air. It is all to discurage investment in to oil and gas with is counterbalance to thier fiat money
Comment by
lashing on Feb 19, 2021 4:25pm
There are always idiots like you that do not understand its not the banks. When I buy or sell its going to say TD on your screen. Thats me, not TD. TD is my broker. If you cant figure thos out why are you posting? You dont even know how markets function but you have opinions.
Comment by
Moemoney42 on Feb 19, 2021 4:44pm
I'd like to add to that its not the "banks" printing that money its the "Bank of Canda" the "central" bank that has the ability to print money.. and by the way.. they're not in the stock trading game either... sheesh... maybe you should google something before sticking your foot in your mouth.. LOL..
Comment by
baranja on Feb 19, 2021 8:07pm
No kidding!! There is always an imbecile that comes to "explan" how trading work. OMG, what a moron you are, what an idiot.