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Bullboard - Stock Discussion Forum Mcf Energy Ltd V.MCF

Alternate Symbol(s):  MCFNF

MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional... see more

TSXV:MCF - Post Discussion

Mcf Energy Ltd > .16 ;
View:
Post by 1rockit on Sep 05, 2024 7:10pm

.16 ;

After falling back from .165 I'm pretty disappointed!! I was really hoping for a breakout. I live off trading, so I need performance. I can't afford to sit around and wait for a stock to rise slowly. I do like the story though
Comment by practicalguy on Sep 06, 2024 12:19am
It is a speculative stock that rises on activity and the last activity was in March.  The testing in Austria and the drilling in Germany are the only events that will move the stock. Personally, I am sticking around for these events, but I can understand if you are impatient want to sell. I find with these type of stocks is the breakout is when it is a month or so away from the public ...more  
Comment by Singoa58 on Sep 06, 2024 7:22pm
The only reason it popped awhile ago was because it was heavily promoted on a certain website but in fairness they did disclose they were a shareholder but after promotion ended the stock slowly imploded... energy stocks continue to drop due to mild winters and storage tanks are full ... strong sell as we see it at a nickel for tax selling season soon 
Comment by BrickmantoStock on Sep 06, 2024 11:39am
Sorry you cant stick around and wait. But  understand that if your trading for a living. it is a spec stock with the future assumptions based on recent facts.. Maybe come back by years end and buy back in when the SP is in the 30's. Retired people  make money getting Union,CPP,Old age pensions and life savings RRIF mutual funds etc. So this venture market just a game (recommend do ...more  
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