https://www.canadapost.ca/cpotools/apps/track/personal/findByTrackNumber?trackingNumber=4550935002098732&LOCALE=en Tracking# for your wine :)

I like this over the WTI trade. How low does WCS go? Are integers in play here?

WCS sell around $13 while the cost is roughly $25.. One of the reason producers keep on pumping is they hedge % of the production at a profit price when the price was higher, also it's a lot's to consider technicaly to stop and restart rigs operation.. CCX today is at all time low,, When WTI was $26 CCX was in the $5. CCX not only include WCS but also light oil and liquid and it is the discount on light oil that bring CCX at this new low. Can it go lower of course,, but evidently price won't stay at 50% of cost,, suffice one producers bankrup, or they rules the air barrel game (Having real storage capacity empty and reserve space in the pipeline to create a bottleneck that lower the price. US located refiners like BP make record earning last quarter.).. Note also one can wait a up trend and that very smart, but discount can be ajust in one day making it $45 today and $35 the next day, the average is $15 btw. Safest is to wait WTI find the bottom and up trend then buy CCX (on the TSX). I dont see the need of stop loss, it's a waiting trade. Don't forget the Chateau neuf du Pape! ;)

Trudeau is going to be re-elected soon with another majority gov't. He is grossly incompetent. Stay away from any Cdn investments. Even the Cdn gov't and its own pensions steer clear of Cdn investment to the tune of 90% now as they know things are so bad there. Canada cannot even refine its own crude nor even ship little of it except via USA, who takes full advantage of this situation, thus the very low "take it or leave it" price. Until Canada fixes that, which seems politically unlikely(?), Cdn prices could continue to suffer.

Good suggestion. Hope you get your wine!

Thanks,, my simplify calculation forecast price for CCX Feb Mars is $8.00 Here is why: If then WTI $60 - WCS discount $20 = $40 convert in CCX is $7.27 add premium and you are around $8 When hit $75 WTI and $15 discount is +$11.00 I beleive we will see $100 in 3-4 years making a 4 bagger at $16.36 Today CCX is $4,15 down 4% while WTI up 1%,, now it's not the time for a C-d-P wine yet. My first target is Feb Mars.

Hi Michel, CCX dropped under $4 today. Is it a good time to get in now that the WTI has bounced back a bit? Thank you!

I personaly add up @ 3.70. You can wait that WTI consolidate over $55. Since monday lot's of seeling pressure.

Thank you Michel. I will remember the C-d-P wine!

3 December, we whent to $3,70 low, now $5,60. It's possible to get to $7,00 at the end of the month

There are many different type of C-D-P wine. Which one is good? http://www.bcliquorstores.com/product-catalogue?search=chateauneuf

I like that one ! http://www.bcliquorstores.com/product/311530 If you made money on the trade here my office address: Michel Simard 9160 Boul Leduc, Brossard, Québec, Canada J4Y0E3

I will mail it to you soon! Thank you very much!

Eriksson L: I sold all 35,000 shares today @+- $7,04 The idea is the refineries will close for maintenance around end of January. My goal is to buy back before May in the range of $6.00,, will see not impossible it won't retract.. $8-$9 is still the target for the Q2 zone

Totally disagree ...... this presents some technical analysis/charts to at least substantiate his position ..... In contrast, the OTHER oil piece posted by another contributor yesterday is literally "bla bla bla" with zero technical TA/charts and just "I think" opinions.

Yes you are right, DOW down oil follow. On the bull side winter season is about to start and it's a 2mbbd more demand in the US only. Cold weather is forecast for this winter ad to that some kind of solar cycle making it cold weather. My view is price should stabilize max by December.