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Valeura Energy Inc (VLE)

Toronto
Currency in CAD
Disclaimer
5.58
-0.04(-0.71%)
Closed

VLE Comments

In spite of the dip and all the technicals indicating a SELL, all the analysts are maintaining a Strong Buy due to its high i-year price target of $7.13, I am averaging down and will hold
Thank god i used a stop loss.
Ill have to see if they did or not. I dont understand why its this low right now. Risk vs reward looks pretty damn good like you said.
probably one of the riskier plays in an arguably dying sector with no future (because at this point if oil has a future then humans dont). IMO oil sector is dead LONG term, though I would not be surprised to see oil in the 90s again at some point before it ultimately fizzles out/is replaced/we all die.Tax loss selling drove it into the ground last year. Really surprised to see it drop so much more but that was why i had a sl order. So could be a great trade from here (even just for a gap fill) but did not work out as per my original expectation.
Yeah im not holding any oil stocks long term thats for sure! Ill see how this plays out, seems way oversold right now and oil is probably going to slowly work its way back up the next few weeks.
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