Crescent Point Energy (CPG)
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Thread: Crescent Point Energy (CPG)

  1. #1
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    Crescent Point Energy (CPG)

    Thoughts on buying in at 15.50?


  2. #2
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    Yup. Ripe for a takeover. No?
    Hidden Content - Saving and investing my way to a million dollar portfolio.

  3. #3
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    Yeah true. So if a takeover happens, the stock price would go up?

  4. #4
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    I just added to my position @ $14.74. Original cost was already fairly low at 15.70something.

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    OPEC needs to put some solid down. If they don't, we can forget it for another 2 years.

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    It appears this was a worthwhile purchase, now that the pipelines have been approved and OPEC is doing something.

  7. #7
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    Yup, sold off a quarter of my position yesterday to diversify a bit but enjoying the ride on my remaining holdings .
    Hopefully we see it break through $20 again like earlier in the year.

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    Sold off on the day OPEC agreed to cut? What were the chances oil would go down today after such a deal?

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    notice it's trading around $17 mark today. opportunity to pick up some ? or stay away? comments?

  10. #10
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    Quote Originally Posted by jargey3000 View Post
    notice it's trading around $17 mark today. opportunity to pick up some ? or stay away? comments?
    CPG is in the dog house with investors right now, so it looks like a good long term buy. It might not do anything in the next year, though. I own some but honestly if you want to make money in energy today its probably not the best choice.

    Back in September when I though the market for oil was finally turning up I bought Yangarra resources (YGR) and CPG. Since then YGR is up 56% and CPG has done nothing.


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