and it is resuming subscriptions, and going back to NAV. Beyond me what anyone was thinking
If you aren't willing to take small losses, then you will take big losses. This is my guarantee. -
Mark Minervini
Mark Minervini
May 4th, 2020 9:56 am
and it is resuming subscriptions, and going back to NAV. Beyond me what anyone was thinking
May 4th, 2020 10:16 am
Damn, didn't see this coming so soon. Should have shorted.
May 4th, 2020 3:39 pm
May 4th, 2020 3:44 pm
May 4th, 2020 6:09 pm
That might actually lift stock.
May 4th, 2020 6:15 pm
May 4th, 2020 6:56 pm
MrMom wrote: ↑MEG Energy "First Quarter 2020 Release: May 4, 2020 after market close"
21 minutes to get your lottery ticket
I was $2.87 bid and that traded many times towards the end of the day, but just not my lots.
May 4th, 2020 7:02 pm
May 4th, 2020 7:08 pm
I've been with meg since it tanked to low 2's.. like $2.35 is my average.MrMom wrote: ↑ I was $2.87 bid and that traded many times towards the end of the day, but just not my lots.
Results are out.
https://www.megenergy.com/investors/fin ... nformation
May 5th, 2020 7:59 pm
May 5th, 2020 7:59 pm
May 5th, 2020 8:02 pm
May 5th, 2020 8:14 pm
Thanks.
May 5th, 2020 10:02 pm
May 6th, 2020 12:00 am
Find out tomorrow.Isoflex117 wrote: ↑ Will this lift the stock price?
May 8th, 2020 2:32 pm
May 8th, 2020 3:01 pm
Tough to answer a question like that without knowing your risk tolerance, outlook, etc. KEL is relatively high risk given its current product mix and liquidity (mostly drawn credit facility). They went from being one of the best growth stories to having almost everything shut in. Long term they have one of the best asset positions in the Montney and a very highly regarded management team. If things recovery quickly it could easily be 3 - 5x its current price. If things continue as is or get worse they are not well positioned relative to some of the peers. I bought some at $1.00 when they were underperforming but sold out at $1.50. Not sure I would buy back in again unless oil prices take a couple steps forward.Ketchenany wrote: ↑ Any thoughts on KEL for a long term buy?
May 8th, 2020 4:09 pm
Thank you, I appreciate the reply and outlook. I did have a little room for some risk and bought a position today after doing some of my own research. Their management helped make my decision. Cheers.Brewmaster7 wrote: ↑ Tough to answer a question like that without knowing your risk tolerance, outlook, etc. KEL is relatively high risk given its current product mix and liquidity (mostly drawn credit facility). They went from being one of the best growth stories to having almost everything shut in. Long term they have one of the best asset positions in the Montney and a very highly regarded management team. If things recovery quickly it could easily be 3 - 5x its current price. If things continue as is or get worse they are not well positioned relative to some of the peers. I bought some at $1.00 when they were underperforming but sold out at $1.50. Not sure I would buy back in again unless oil prices take a couple steps forward.
May 8th, 2020 8:35 pm
May 8th, 2020 10:07 pm
May just started...
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