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Painted Pony Pete Ltd PDPYF

Energy
"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd
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Comment by DiveEstheron Nov 22, 2017 6:51pm
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Post# 27015448

RE:I'll take the share price ending flat on the day as positive

RE:I'll take the share price ending flat on the day as positive
barneyj44 wrote:
I wish I didn't own so much at higher prices or I would be doubling down during tax loss season......


Higher price ownership is precisely the reason to double down... especially on a safe, high-value play... your break-even point is cut in half on the rise, and your old break-even is now a tidy profit! 

I hear you though. Having an overweight allocation in your portfolio is not ideal, I only do it when I'm confident on the play. Can't tell you what to do, but I know I'm loading here.

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Dealroom for high-potential pre-IPO opportunities