Veren Inc T.VRN

And yet another dismal performance

[barneyj44]

What's with Veren, are investors throwing in the towel and moving to the Whitecaps and Cnq's. I thought this was supposed to be the "New and Improved Crescent Point(Veren) under the tutledge of Bryksa. What am I missing, still too much debt, trust issues with management.  I don't get it.

[Banshee]

This post has been removed in accordance with Community Policy

[filefish]

Feel like a fund liquidation overhanging the stock. Lack of any share buybacks in Q3 may have persuaded Ninepoint to lighten up on their holdings. Hard to convince new investors to go with VRN vs WCP given the dividend payout disparity and much less risky debt profile of WCP.  I think Bryksa is doing a very good job, but he is definately more of a risk taker than Fagerheim. 

[barneyj44]

Thanks for your reply fishfile I continue to add, I don't see all the Analysts being wrong on this one.

[traderbri]

I'm monitoring the spread between WCP & VRN. Just waiting for a $2.50 spread then I'll sell the WCP and buy into VRN. It will turn around soon. Cheers

[Anschutz]

My take is that VRN is trading at about where the market values it based on the last deal and flood of new shares they released into the market.  The share price pop in the spring summer was orchestrated by the banks/investment firms to move shares off their books and into retail accounts when they got stuck holding the bag for the failed share sale.  Once shares were off their books

[Banshee]

My ini5ial reply to you was removed for bullying , absolute tripe by CM as my only comment was what don't you get as your post spelled it out correctly .Or perhaps it was related to mentioning a well known pom pom cheerleader , to the best of my knowledge there is no one with that handle on SH. CM really needs to read with clarity what people post before their itchy trigger fingers act faster