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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > Big crash
View:
Post by ngtraderng on Oct 13, 2020 11:58am

Big crash

Down 20%
Comment by BigFanLNG2018 on Oct 13, 2020 12:09pm
Big price change last week because of a few "fluff" press releases.  The stock has no liquidity.  None of the long-term investors or insiders are going to sell at this point.  Consequently, anytime someone buys or sells a few shares the price moves a lot.  There's nothing in sight to stop the stock's death spiral. 
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