Trade Alert - Selling Meg Energy And Going Long More CVE And OXY
Trade Alert
We are taking profits in the oil & natural gas portion of the trading portfolio in Meg Energy, and using the proceeds to buy more CVE and OXY.
WE ARE NOT SELLING MEG ENERGY IN THE MAIN PORTFOLIO.
Selling all of MEGEF at $20.34 for a gain of 46.02%.
Buying $150k of CVE at $21.14 or 7,095 shares.
Buying $150k of OXY at $66.38 or 2,259 shares.
Analys…