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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 > I was right to hold on !!!
View:
Post by Nick1969 on Aug 24, 2022 5:33pm

I was right to hold on !!!

I first purchased 200 shares at $42 Cdn back in 2017 when I was starting out my investing journey.
I was quite disappointed after it started going down and down..But I kept my shares.
I bought 1500 more at $3.90 and 1000 more at $ 4.34 .Now I am laughing because I know this stock will go past $50 this winter. !!!
Comment by stockmarket1 on Aug 24, 2022 6:44pm
Well done! Buying good companies on dips and having very long term plan does work. Energy companies still have plenty of room to run imho. Remember to always have cash at hand for buying more on major dips. Major dips  meaning 15, 20% or more. Vet has had a reputation of doing that when it hits 52 week high. Be on the alert. 
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