Veren Inc T.VRN

Headlines that make me laugh

[Moemoney42]

This morning the headline was "Oil jumps on demand concerns"..
Tonight the headline is "Oil prices slip after data points to cooling US economy"

All in the course of 24 hours.. too funny.. no wonder the price of crude and equities gets whipsawed every couple days.. the algos and high frequency traders must love this directionless BS.. :-/

[Marty47]

Isn't funny .... and stupid people believe all this bs ....it's call followers , they believe everything and those who write this stuff have no clue .... just need to make a paycheque lol look at the motley fool just need to sell some memberships and promise massive returned bla bla bla 

[fishcarrier]

You're not kidding. One day the US economy rising gets the credit. Not 2 days later the US economy falling, the blame. Day after, it's Israel heating up in Lebanon; day after Putin offers end to war. Yes, there's flux, but how do these analysts figure out the reasons of ups and downs? Mystery. 

[Marty47]

Putin will end the war once trump is in the White House , trump will stop funding Ukraine they will need to give the annex territories ..... Putin has 3 months left to gain as much areas he can .... 

[fishcarrier]

Makes VRN a beautiful stock for day traders...  :)

[Moemoney42]

Yup not sure what triggered the algos this AM but WOW we've got a real disconnect to crude prices again.. :-/

[Moemoney42]

WTI $84.41 up $.53 now and the sector can't get a bid..! Are we experiencing a stop loss raid, profit taking on a strong crude day, or traders with no conviction.. starting the 3rd quarter with prices now over $84 and the CDN $ still low is a no brainer for strong returns going forward.. TMX taking more crude out west.. what's not to like..???

[fishcarrier]

Agreed! Short sellers? 

[JayEthy]

Said it once and I'll say it again, this name is a POS.  If you want to trade something that accurately reflects crude, play HOU or HOD.  Not this garbage......