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Penn West Petroleum (PWE) stock is soaring after the company agreed to sell assets for about C$1.1 billion.
Penn West Petroleum (PWE) stock is surging after reports suggested that the company may have four bidders for some of its light oil assets.
Don't look now, but we're in a "Wile E. Coyote Market." In the coming days, investors will better know whether the overvalued market will stay aloft or plunge to earth.