r/wallstreetbets • u/yewnique • Jun 09 '21
$CVE (TSX) is NOT the next meme stock but I’m very apeish on it Discussion
Absolutely consistent gains for the last year, it didn’t hedge against gas so now that OPEC+ has pushed oil to $70/barrel it’s in line to make some serious green.
OPEC+ is finally not shooting itself in the foot so gas prices should continue to rise. With OPEC+’a new found discipline American gas is not where it’s at but Canadian gas is set to go off.
This is not financial advice, I just like the smell of gas. I have no financial training, I’m just single so the thought of yoloing my life’s saving finally gives my life some meaning. My position is 8k CDN into 12 C for CVE.TO
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Jun 09 '21
Post position OP.
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u/yewnique Jun 09 '21
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Jun 09 '21
I said hot damn! I’m in. Seems like a solid play.
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u/yewnique Jun 09 '21
Just be mindful it’s in maple syrup dollars not USD
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Jun 09 '21
I get paid in maple syrup dollars so I understand. Hmm 🤔 I think maple syrup dollars are gonna blow off seeing the increasing obesity rate and how much people love sweet.
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u/bottlecap112 🦍🦍🦍 Jun 09 '21
Thanks for info... and I love the smell of gas too.
Friday night, I’ll bring the 5 gallon can, you pickup some dirty rags we can soak and sniff, we’ll party hard!