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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 > Re: Market Manipulation
View:
Post by soundandfury on Dec 06, 2022 6:54pm

Re: Market Manipulation

Well according to the cme.......only 3% of futures contracts are bought by people who actually take possession of the commodity.........this means 97% of the futures market is speculators......this would show why sentiment rules in oil market
Comment by Vinnie3 on Dec 06, 2022 7:19pm
Yes and that is why 95% of day traders lose, it should in theory be 50% if you think hard about it or 50% say if you look at commissions.The algos of the manipulators sweep and spoof and  the evidence is that statistic  It would in fact be hard to flip a coin and lose 95% of the time. Its the sweeping and spoofing that is not caught and punished. We must protest but how do we start a ...more  
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