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WCP reports 0.80 profit well over estimate 0.46. This translates to a P/E of around 3.5 annualized. WCP is a fairly large mid cap. Stock should pop 7-10% imo today not unlike CVE which did pop 10.3% yesterday. BTE reports tonight I expect similar but the pops get somewhat diluted as share prices...

Shareholders own the company. They have not agreed to any deal yet. Management can recommend they take the offer but they are under no obligation to do so. Most arbitrage opportunities are priced to reflect the risks.

CVE +10% as expected.

Cenovus ( CVE ) still marching higher suggesting earnings across the whole sector may be easy wins. Some energy gains are muted today but Baytex is regaining almost all lost ground from last week already. Whitecap reports in the morning I may consider a switch into it late day but it was one of...

I don't believe those return numbers for a minute. You seem to be missing why what she did was a fraud.

That's a pretty mediocre opportunity with some randomness involved. Proof of that is it is at 16.58 now. Calling today a beautiful day to short stuff suggests you aren't reading the market very well today. Anyways whatever works I like long energy through end of day.

Shareholders are under no obligation to take a deal unless a really high percentage of them tender their shares. I know in Canada I think if 90% ( or 95% ? ) agree the remainder can be forced to sell. Often if the company has legit value it pays to wait and see if a better offer shows up, but...

Strength in VISA suggests financial stocks are oversold here. That's the story of this market, profitable areas being dragged down short term by mediocre IT companies. It may be an opportunity. Cenovus up 7% now and trending. For those who think 2022 is a repeat of the year 2000, the SPX only...

You shorting the bottom again ? Seriously there were no good shorts at all when you posted this and some decent long ideas.

All Nat Gas companies not acknowledging higher Nat Gas. Something will give this afternoon.

Cenovus ( CVE ) made $1.6 billion quarterly profit and tripled their dividend. Up 4% premarket.

She was a massively losing trader though. If she's still using the same technique she's "up" 9% realized could be down 23% unrealized for all you know. That's assuming the 9% can be believed from a convicted fraud.

Some of these plays are going to go much higher sometime in the next year or so. How they do so in a volatile broader market is a short term risk. But the market tends to underprice what $7 Nat Gas ( even $4-5 ) or $102 Oil ( even $60-70 ) does to the bottom line of these companies. Until the...

Nat Gas went to $7 again after it was reported US gasoline inventories dropped despite all of Biden's SPR releases. Usually that means demand is growing. Many of the firms I trade have been unwinding hedges that were costing them money and I think the market isn't pricing that in at all at this...

Cdn Energy doing fine today relative strength is quite strong. Gold may go up tomorrow on the volatility I'm hoping to unload my miners again they suck as holds. Over an extended period of time I've almost never been disappointed by my energy stocks and frequently disappointed by my periodic...

The problem is you've been calling it nonstop since April 2020. But let's add some perspective to this. I've been touting numerous Cdn energy stocks on here since late 2020. Here's 5 and their performance since Nov 1 2020 : BTE 0.455 to 6.58, ATH 0.115 to 2.49, CR 0.41 to 5.11, GXE...

DWAC should probably be a 0.50 stock if future prospects are factored in. These plays are just fancy ways for mgmt. to fleece shareholders of their money. If it drops enough they'll sell some more stock and/or reverse split it. Kind of a slow choppy death of shareholder money.

SPX held longer term support again ( 5 times this year ? ). That's not a good sign for the bears expecting a crash. I'm not following US stocks all that closely this year but I was kind of expecting today to play out exactly as it did.

The fundamentals are super strong still in energy. I've seen at least 4 or 5 of these pull backs on the TSX the stocks always go higher eventually and are great buys at short term lows. The TSX overreacted to US broader market weakness seen this movie a lot last two years. Most of the volume is...

SPX Earnings growth Dec 31 2019 to Dec 31 2021 30.8%. SPX rise since Dec 31, 2019 29%.