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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 > Keep in mind that Oil's forecast call for $95 Oil
View:
Post by smallcaptdr on Nov 17, 2022 12:48pm

Keep in mind that Oil's forecast call for $95 Oil

Today is the day that investors wished would happen, a day to stock up on shares that will definitely climb back toward the 5-month highs reached in Nov. I'm the one who predicted this sell-off was likely and I also predicted that $81 would be today's low so here's your opportunity to buy shares cheaply and its a certainty that Oil will rally back towards $90 starting next week and overseas might be the ones to reverse today's trend having Oil start its recovery tomorrow. As much as I preach that Oil will be lower well today I'm talking about an uptrend reversal for Oil. I'm sure that overseas will come up with some reason to be bullish on Oil after all it's the likes of Saudi Arabia and Russia who want higher Oil so they might be behind the push-up.

Commodity Forecast 2022/2023 (tradingeconomics.com)
Comment by Moemoney42 on Nov 18, 2022 10:00am
  smallcaptdr - (11/17/2022 12:48:00 PM) Today is the day that investors wished would happen, a day to stock up on shares I also predicted that $81 would be today's low so here's your opportunity to buy shares cheaply   Looks like another failed prediction yesterday.. Hahahaha!! Today is the buy day bozo..!!
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