OTCPK:PDPYF - Post by User
Post by
TheGeneral1on Nov 29, 2016 1:36am
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Post# 25525705
OPEC will fail, we are already into the down cycle.
OPEC will fail, we are already into the down cycle.Ppy generally follows oil more than nat gas prices. Since opec
will not come up with an agreement, all oil and gas will fall in the next week. Does anyone truly believe Iran and Saudi Arabia will get along? I'm accumulating on the way down since I got out at 10.30. Didn't take a rocket scientist to figure out Ppy was way overbought. We will be fighting in the $9 range for a month at least. Those people that said $12 by Christmas are just high on drugs. Maybe $12 Following the next earnings report, but surely not in the short term.