Vermilion Energy Inc T.VET

I just sold my entire position in VET, BTE & CPG

[DukesMtl]

VET @ 32, BTE @ 7.05 & CPG @ 10.05

Also sold 1/3rd of ATH @ 2.60

It's been a nice run up since OPEC rumours started building about a output cut and then gaining momentum to 2million barrels/day but now that Biden and his team of flakes are reacting to that with more weak decisions and further depleting the U.S stockpiles,, I'm expecting the drum beats of Recession talk to resurface and scare off investors and this will possibly drag down the energy sector once again. Going to sit on the sidelines in cash for now and fingers crossed for a nice pull back as the sissies once again get shaken out of the energy space.

Should this not manifest, well it's ok because I'm up on all my picks.

[Relaxrelax]

Not a thing has changed for the continuing bull run for energy.  If you're a long term investor, trying to time bullbacks are a fools game.  EOM

[DukesMtl]

I think being over exposed to one stock one company that I have been has been very foolish! I bought in to VET years ago before the pandemic at 32 and watched my nest egg evaporate as the SP went down to 3.00. For years now, no divvy for me. Had I chosen Canadian banking stocks instead, I would have at least received a 4.5% yield during Covid. I should have sold my VET position at 39.00 SP a

[Quintessential1]

"Going to sit on the sidelines in cash for now and fingers crossed for a nice pull back as the sissies once again get shaken out of the energy space." Ummm....LOL GLTA Longs

[Carlo2021]

Sold 10% of VET today to take some profits. Held CJ for nice gain above cost and earn future divi. not  energy space sissy, just a little release of stress!