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SU - Suncor Energy Inc (NYSE) - Page 3

post #41 of 60

How far down do you guys think oil will go? Im think of buying this, but im not sure which way oil is heading? When would be a good entry point

post #42 of 60
Probably see 80 oil

As bottom
post #43 of 60

3 days of starting lower

 

and finnishing higher

post #44 of 60

Seems like its heading up!!

 

I guess should have pulled the trigger early on 27ish...

post #45 of 60
Suncor begins planned work at Terra Nova oil field
19 Jun 2012 17:43 ET 
CALGARY, Alberta, June 19 (Reuters) - Suncor Energy Inc, Canada's largest oil and gas producer, said on Tuesday it has started planned maintenance at Terra Nova oil field off the coast of Newfoundland that will halt output from the 54,000 barrel per day field for about 21 weeks.
 
Suncor said in a notice posted on its website that work will include the replacement of a water injection swivel on the vessel that produces and stores Terra Nova's oil as well as the replacement of subsea flow lines and risers
post #46 of 60

terra nova!! god that was an awful show!!

 

(i think oil goes sideways  with wild swings on either side)

post #47 of 60

heres ur dip

post #48 of 60

im in calls

post #49 of 60

didnt pan out well..

 

i still think oils at a bottom

post #50 of 60

 agreed....didn't feel good at all. CNQ, ECA and SU beat the living shit out of me today.

Quote:
Originally Posted by ze20001984 View Post

didnt pan out well..

 

i still think oils at a bottom

post #51 of 60
Quote:
Originally Posted by steadyup View Post

 agreed....didn't feel good at all. CNQ, ECA and SU beat the living shit out of me today.

 I'm right there with ya!

post #52 of 60
I keep adding

But losing confidence in buys

A oil drop to 60-70
Would be bad for sure..
post #53 of 60

follow the market, now not for sure anything...

Quote:
Originally Posted by ze20001984 View Post

I keep adding
But losing confidence in buys
A oil drop to 60-70
Would be bad for sure..

27.54 

+0.63 (2.34%) 
 
 
post #54 of 60

always follow the market, not sure for now...

Quote:
Originally Posted by ze20001984 View Post

I keep adding
But losing confidence in buys
A oil drop to 60-70
Would be bad for sure..
post #55 of 60

hopefully hurriance season can give it an unexpected boost

post #56 of 60

after the oil explosion..a drop off was expected...

im looking to re buy my hedge positions  before the end of the week...prob on thursday.....

 

and add calls for the next leg up

post #57 of 60

Suncor closes old March gap.......and in doing so forms a Double Top :

 

 

Is sitting at 32 dollars now........

Looks poised for a drop down to $30 (at LEAST)

 

big.chart?nosettings=1&symb=ca%3asu&uf=0&type=2&size=2&sid=3871884&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=7&rand=131452977&compidx=aaaaa%3a0&ma=0&maval=200%2050%20%2020&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1
post #58 of 60

great drop

post #59 of 60

sold a bunchhhhhhhhhhh of options...i wouldnt mind being an owner of SU on a pullback

year long stability...im sure only half will get exercised when its all said and done

 

 

i dont think we move any lower

post #60 of 60
I have a $33 Calendar Spread on right now using the Weeklies that expire this Friday and the June calls. Big pop already today. Hopefully things slow down a bit until the week is over
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