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Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Broken theory
View:
Post by waitingstill on Feb 04, 2021 4:20pm

Broken theory

Well, my price holding theory has been broken after 22 trading days. I am so disappointed - NOT! Lol. It was a nice close at the high on 185,000 shares. Nice. Let's see what tomorrow brings but finally good to break out.
Comment by Wilkinson on Feb 04, 2021 11:55pm
Hi what is your price holding theory?
Comment by waitingstill on Feb 05, 2021 1:16am
If you look at the past 22 days of trading price has been between 48-52c irrespective of volume. I know of people who have sold fairly large amounts with very little on the bid and bought large amounts with very little on the ask and usually filled by Anon in either direction. I assume price being held for some sort of financing. Today was different and it broke from 52c and we did not hear of any ...more  
CGX Energy Inc
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