Post by
DukesMtl on Aug 30, 2022 12:24pm
Looks like a little pull back is shaking out the sissies.
North of 60.00 by Christmas.
Comment by
stockmarket1 on Aug 30, 2022 1:07pm
This was the pull back I was expecting . Could possibly see shares hit between $30 - $33 range. A new support / resistance level would be ideal.
Comment by
Cobalt on Aug 30, 2022 2:02pm
NY hedge funds ran it up to overbought now they take profits , fast money why Eric does not want to play /shrug too the moon
Comment by
stockmarket1 on Aug 30, 2022 2:18pm
With all due respect. VET is going past $60 by this Christmas. That would be just over a double from today's price. No way it's going to double in 4 months time. Would be great don't get me wrong but....highly unlikely. Close to Christmas 2023 I would agree.
Comment by
Pandora on Aug 30, 2022 3:29pm
WTI and WCS both down about $5 at the moment.
Comment by
stockmarket1 on Aug 30, 2022 4:54pm
Sorry. My bad. Below I meant ....it's not going to go past $60 by Christmas. The rest was accurate. Thx
Comment by
DukesMtl on Aug 30, 2022 5:14pm
OPEC will cut 1 million barrels, Sanctions against Russia are triggered on Dec 5th, SPR release ends in October. My call is 60.00 or up. Will be north of 40's in Sept.
Comment by
stockmarket1 on Aug 30, 2022 7:49pm
Well, we will see if your calll is a bulls eye call. Believe me lol. I'm cheering for your call to be bang on.
Comment by
L0ung3r on Aug 31, 2022 5:02pm
I mean... it did double from Jan 2022 to March 2022 (15 to 30) soooo its not impossible if the commodity gods work in VETs favour.
Comment by
stockmarket1 on Aug 31, 2022 5:11pm
After a big run up, soon as a pull back begins. It usually drops about 20 -25% on average. Look close to $30.
Comment by
Carlo2021 on Sep 01, 2022 7:57am
why didn't you tell me this a couple of days ago when I bought couple thousand shares on the dip at $36?? I think I'm ok, I'll just wait a little longer for the divi...