Post by
stockmarket1 on Feb 24, 2021 3:05pm
Vermillion....thoughts?
I've held VET for quite some time now and I've finally in the green by averaging down. There are some on here that more insight than I. Dividend, yes, I can see returning if WTI and Brent stay solidly high. But, does anyone honestly think VET will be over $20 a share by 2022? Could this be a reall turnaround story?
Comment by
downtozero on Feb 24, 2021 3:26pm
I'm wating till after March 8th 2020 report. If the new management team are able to right the ship, we'll get a first indication then. If there's a positive re-rating after the presentation, then $20 is probably within reach. I "averaged down" by buying WCP which gave my some dividends back again.
Comment by
stockmarket1 on Feb 24, 2021 3:44pm
Great point and I think many are eagerly waiting for earnings day. A side note...I wish Stockhouse boards had a " edit " option when writing messages here. Sometimes, on a cell phone can cause typing errors. Especially when vision isn't 100%. I must learn to proof read before hitting the send button . ;)
Comment by
Natgasbc2021 on Feb 24, 2021 8:38pm
I recently switched to VET from OVV for this exact reason.. IMO VET will trade in ~20cad range by 2022 as long as oil holds strong... If oil keeps going up and since energy has quietly been gaining once the herd jumps on it could accelerate there quickly if oil spikes and breaks above 2018 highs
Comment by
stockmarket1 on Feb 24, 2021 9:23pm
For our ( shareholders) sakes, Vet employees & the company all around sake.. ..I hope you are right. Hope and pray upcoming earnings are stellar. If not stellar, satisfies the street.
Comment by
downtozero on Feb 24, 2021 9:48pm
We just need 9 more days with 10% gains and we'll be at $20.
Comment by
lashing on Feb 26, 2021 3:11pm
not 18 days? How about 30? This year pershaps ... Biden is creating a massive energy problem for the USA. Which he is going to pitch green solutions for ... which are not solutions and will cost $$$$$$ while America suffers. Then he will tank markets. So ... oil has a chance but we face headwinds too.
Comment by
joeburname on Feb 26, 2021 3:19pm
This post has been removed in accordance with Community Policy
Comment by
lashing on Feb 26, 2021 3:43pm
To push teh socialsit nonsense agenda including green. Not to promote oil thats for sure. Soros is buying fossil as is Buffet. But Biden is there green destroyer not their saleman. They have more to buy for pennies on the dollar yet.
Comment by
joeburname on Feb 26, 2021 3:44pm
This post has been removed in accordance with Community Policy
Comment by
geemonet on Feb 26, 2021 4:23pm
Shiny plates make money too.