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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
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 > SHORT SQUEEZE!
View:
Post by Moemoney42 on Jan 02, 2025 9:25am

SHORT SQUEEZE!

Could we be in for a happy first day of trading in 2025 with a little short squeeze to start the year..?? ;-)
Comment by Moemoney42 on Jan 02, 2025 9:28am
Lets see if we can test that ~$7.60 resistance level today..!!!
Comment by Marty57 on Jan 02, 2025 10:02am
I was buying this morning.  In spite of the recent run up in share price, current price is probably still a good buy.  We will see how 2025 plays out.  
Comment by Moemoney42 on Jan 02, 2025 10:05am
Marty, I think a gap fill to ~$8.30 is in the cards and could be by next weekend at the rate crude is moving up this AM.. that would trigger an even larger short squeeze..!  ;-)
Comment by Marty47 on Jan 02, 2025 11:07am
Y'a Nice News for oil stocks mostly Veren , close to 74$ wti , that's a lot good cash flow for Veren for debt and buybacks , I didn't expect this spike in wti .... we will take it all day long but trump might bitter the soup soon but his new lease won't affect production until 2026-2027 , unles he pressure the Saudi to pump more ... but maybe we all wrong with trump he might get ...more  
Veren Inc
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