Crescent Point Energy (CPG) - Page 2
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Thread: Crescent Point Energy (CPG)

  1. #11
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    It is my take oils will continue to side-wind, or even suffer another downturn this year....so the ones that have risen the most may well have to re-engage at the bottom of the roller coaster. The global economy is barely sputtering along suppressing demand growth, industry investment (that is the catalyst for demand growth) is going to take a breather to see if DJT self-destructs (or at least provides no comprehensible direction), and oil production is climbing in some locations at $50/BBL. The USA alone is up 500 thousand barrels per day from its 8.4 million barrel per day lows. The ME will only cut back so far before they will be furiously p*ssed at leaving too much market share to others, etc. It is a tough time to be calling entry into oil especially.


  2. #12
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    When they did the bought deal earlier last year they diluted and pissed off everyone.

    I think they will be in the dog house much longer because of that.

  3. #13
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    True, they did appear to learn their lesson from a prior history of equity offerings. The old PacMan dilemma of the income trust era. They need to focus on the drill bit for years to come.

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  5. #14
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    Thinking up buying another chunk if it dips below $15 again. It's getting close.

  6. #15
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    Quote Originally Posted by Nerd Investor View Post
    Thinking up buying another chunk if it dips below $15 again. It's getting close.
    ..looks like it's dipped (again) today.....sub -$15
    (wish I'd held off a bit longer!)
    my question is why ? why now? & where does it go from here

  7. #16
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    CPG took a big hit today. Oversold or value trap?

  8. #17
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    ....you know.... if you ever need toknow what stocks are about to drop...or go short on something...just ask ME which ones i just BOUGHT! ...sheesh!!

  9. #18
    Senior Member zylon's Avatar
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    The CPG-permabear-forever hasn't changed his tune.

    http://www.stockchase.com/company/vi...rgy-Corp/CPG-T



    photo uploading

  10. #19
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    buy out?

  11. #20
    Senior Member My Own Advisor's Avatar
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    I've been thinking for a few years now, CPG is ripe for a buyout. I think Suncor will take them out.

    Hidden Content - Working on a $1 million portfolio and $30k per year from it.

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