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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > Bought 2000 more shares at $4.28
View:
Post by pissed_investor on Jul 16, 2021 2:27pm

Bought 2000 more shares at $4.28

Not sure if I am stupid or shrewd..
Comment by Chad123 on Jul 16, 2021 2:33pm
may have been a good move......Looks like support is there but it changes constantly. Tired of getting sucked in so will wait till Monday to see if Oil holds
Comment by 2021Gamble on Jul 16, 2021 2:37pm
I would say "shrewd" if you already locked in those profits..... as for the "stupid".....that depends on the above.... :) cheers!
Comment by Moemoney42 on Jul 16, 2021 3:02pm
Well if this is any concelation that gap in Feb at $4.27 to $4.48 got closed today..!  Looks like one more push by the shorts to shake the tree for some cheap shares.. IMHO..
Comment by rusty777 on Jul 16, 2021 3:16pm
Well, for the 10th day in a row CPG is down - this time by 5% while oil is flat (WCS is actually up) so shorts rule and probably will continue to do so - many of the investment houses keep coming out with increased targets yet the price continues to fall. CIBC raised its target, but interesting enoough the CIBC Fiancial analysts who actually manage invrestors money all sem to be selling or ...more  
Comment by wentbrokefromcp on Jul 16, 2021 3:14pm
You're not stupid but but you're now stuck. This thing will be at $3.00 in no time
Comment by Moemoney42 on Jul 16, 2021 4:04pm
Well PI.. I'm with you on the trade today.. bought 5000 right at the close on the US side at $3.385 I'm thinking this is an oversold situation.. got a boat load of CPG now.. didn't plan on buying more but couldn't resist.. good luck to both of us..!  ;-)
Comment by Moemoney42 on Jul 21, 2021 11:26am
Well PI looks like our last Friday buys are now in the money too.. not as nicely as my Monday buy on the CDN markets but in the money none the less.. good luck to you..!
Comment by Moernoney42 on Jul 21, 2021 11:31am
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