Monday, November 25, 2019 1:01:07 PM
Siyata - Value1008
The venture is slated to bottom on December 23rd tax loss selling after Canadians spend the next month jettisoning their losers during years like 2019 like they always do.
There will be a bounce into January & February. How much? depends on commodities and stock markets.
On another note, Canadian Oil & Gas stocks are some of the most hated on the planet now and there should be some fantastic buy opportunities in the next month.
The Alberta Natural Gas index AECO has actually but in a "regulatory bottom" and it makes sense to buy some larger cap Alberta gas producers now. There has basically been a 'regulatory manipulated market" that has forced Canadian gas producers to sell below CAD 1.00/GJ for the last two years at certain times. Don't post a ton but follow me and I'll put something together on this on the Value Microcaps JE board later this week.
1 GJ = 1.05 MCF as rule of thumb.
Two circles are examples of what Venture did in first months of year out of tax loss selling in a bear market year.
This is JE board:
JE Board
The venture is slated to bottom on December 23rd tax loss selling after Canadians spend the next month jettisoning their losers during years like 2019 like they always do.
There will be a bounce into January & February. How much? depends on commodities and stock markets.
On another note, Canadian Oil & Gas stocks are some of the most hated on the planet now and there should be some fantastic buy opportunities in the next month.
The Alberta Natural Gas index AECO has actually but in a "regulatory bottom" and it makes sense to buy some larger cap Alberta gas producers now. There has basically been a 'regulatory manipulated market" that has forced Canadian gas producers to sell below CAD 1.00/GJ for the last two years at certain times. Don't post a ton but follow me and I'll put something together on this on the Value Microcaps JE board later this week.
1 GJ = 1.05 MCF as rule of thumb.
Two circles are examples of what Venture did in first months of year out of tax loss selling in a bear market year.
This is JE board:
JE Board
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