Decided to take a bit of profit in $CVE Cenovus Energy, one of my top 3 Conviction Buys👍🏻 Sold 200 shares right at the close for $45.35. I love the name but thought it prudent to book a little profit and raise a little cash 💲 Last week, I swapped 700 Cenovus for 1,500 $WCP Whitecap Resources & 4K Cash in my RIF After this move, still sitting on a 3,000 shares block between the RIF & TFSA 🙂 I said earlier that I intended to slowly reduced my Energy position to raise cash and rebalance my portfolios. Anyone else doing the same? Energy makes ALL of Canada stronger & independent 🇨🇦
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31 Comments
Brett @birdmanbrett · 1d
Definitely interested in $PPL but I want shares closer to $60
Dashnor Hasku@cankos · 2d
I sold some aem and sii and bought more enb fts ema and cpx. I will keep cnq and wcp forever. Want to increase tou and pey as I think gas will go higher by end of the year!
Mike L@noviceadvisor · 2d
Do you have any gold? I'm energy and gold weighted.
Sunny Dee@powerlunchmoney · 2d
Not a seller here, 76% weight in energy, with a big stack of WCP
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