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Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > horrible day for oil stocks-disaster. Oil up $2--O&G stocks
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Post by drunk@noon on Jul 09, 2022 9:25am

horrible day for oil stocks-disaster. Oil up $2--O&G stocks

down.
Instead snowflake and other ARKK stocks have had a nice 20% bounce in the last few weeks.
Seems fundlementals don't matter.
Comment by Quintessential1 on Jul 09, 2022 9:49am
That depends on whether you think the fundimentals for snowflake stocks haven't swung to oversold. There can be demand in both sectors and right now  energy is in demand no matter how it is produced. The snowflake sector may have bottomed so they may be a buy right now. O&G hasn't topped yet and there are amazing gains to be reaped sson. You can invest in both sectors or pick ...more  
Comment by RevT79 on Jul 09, 2022 10:44am
People have lost soooo much money on the tech stocks last 5 months that you have to be expecting them to fomo back into it ! They will get wreck again when jpow take up the rates another 1% in 8 days from now !  kinda crazy that he purposely wants to put the country into a recession! Jpow should be hang by the balls and left to suffer like most of the middle class American people will for ...more  
Comment by Spanito on Jul 09, 2022 11:45am
This post has been removed in accordance with Community Policy
Comment by RevT79 on Jul 09, 2022 12:03pm
have you not tough about the million of shorts that where sold on that massive drop on Tuesday?im sure most  im sure lots of them are trying to take the stock down to buy back lower ..... and get rid of the short with out loosing too much money!
Comment by Spanito on Jul 09, 2022 12:13pm
This post has been removed in accordance with Community Policy
Comment by VeritasVern on Jul 09, 2022 1:08pm
Unfortunately there isn't much choice at this stage as inlation is considered much more damaging than a recession and raising rates is the thought to be the only way to target inflation. But another way to counter inflation is to pass policy that increases oil/gas exploration, drilling and production as $110 oil is causing inflation as does unsustainalbe monetary policy. Passing policy that ...more  
Comment by Spanito on Jul 09, 2022 3:35pm
This post has been removed in accordance with Community Policy
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