Comment by
Marty47 on Dec 11, 2023 1:14pm
I can't really put numbers , but for sure weather mild , holiday , people chill out spending and eating , low volume trading , will be a good opportunity to buy under 8$
Comment by
barneyj44 on Dec 11, 2023 2:55pm
I think your dreaming if you think Crescent Point is going under $8 but stranger things have happened.
Comment by
Marty47 on Dec 11, 2023 3:28pm
Well I hope so as I own shares , but will get more at least we got the dividend that will pay my lunch before a recovery .....
Comment by
Anschutz on Dec 11, 2023 3:52pm
Both predictions are my extreme low end forecasts for CPG and WTI.
Comment by
barneyj44 on Dec 12, 2023 11:39am
Looks like your prognosis of under $8 is more real then I thought. Bryksa looking like the big fool poning up and over paying for Hammerhead.
Comment by
Anschutz on Dec 12, 2023 12:40pm
It's really quite shocking how far and fast the share price of Canadain E&Ps can fall. The dividend is nowhere near sufficient compensation for holding. Crazy upside down world we're living in when LuLu Lemon has a PE of almost 50 and CPG can barely break 5. Without oil and gas LuLu wouldn't even exist.
Comment by
Marty57 on Dec 12, 2023 1:14pm
"It's really quite shocking how far and fast the share price of Canadain E&Ps can fall" It's a scenario I've seen play out way too many times. When you think share price can't go any lower... it goes lower, and then lower still. Crazy. Having said that, I am looking to buy more shares in CPG and hope SP falls a little more before I do.