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Bullboard - Stock Discussion Forum Veresen Inc. T.VSN.DB.B

TSX:VSN.DB.B - Post Discussion

Veresen Inc. > weak price, no volume, time to buy
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Post by uograd on Apr 04, 2016 12:49pm

weak price, no volume, time to buy

Cashed out before I went and sat on a mexican beach so have been happily watching the price tick lower on pretty anemic trading.

Feels like a buy signal to me.  Was hoping for $8.40 but not sure it will drop that low so 8.44 works just fine.
Comment by sleapeasy on Apr 04, 2016 3:31pm
I agree that vsn is a buy but I want it back at 8.0 mark, so I will wait for opec meeting on a doublful freeze and buy back after the weekhands are gone
Comment by uograd on Apr 04, 2016 3:55pm
Anything within Opec and Russia is possible that is for sure but I expect a surprise to the upside at that meeting.  All this bearishness of the last few days is probably a good thing in the long run.
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