Peyto Exploration & Development Corp T.PEY

Peyto up nicely today when most are down

[sportstermathew]

Strange, FRU down 35 cents, when they have had several upgrades.

PEY up nicely 21 cents soon to be fixed above $10 hopefully.

Seems that most earnings reports or updates like CR's report are having little to no impact.

Oil and NG seem to be coming back some.

I have found what has helped some is moving from one to another if one is up say 4% on a day, and another down 3 or 4% then a switch is possible.  Not always perfect but in a bull market it is hard to be wrong long-term.

We all dream of being rich, some are there now and don't really know it.  $5 million is not what it used to be.

I am just trying to be debt free, have some pension income, and maybe enough in the bank to not feel desitute at any given time.

Cashflow and living within ones means are always good ideas, whether we fit in that box is another question.

One thing read about CR was the new wells they are drilling are very good, question is this a result of new drilling tech?  or just the area they are in?

Will Peyto be finding similar patterns?

I know the ERH's are certainly a game changer.

[houbahop]

Maybe ask the new shorty who claimed he sold $10.40. He might provide some insights. :)

[Ozhoks]

Sportster, I do share similar wishes with you and try to invest accordingly on both value stocks and growth stocks.  Peyto is a good value stock in my opinion and I own it for the last 4 years. I just wanted to compare its performance with my best performing growth stock I collected in the same period, namely Microsoft. MSFT stock price is now 3,76 times higher than that of Jan 1, 2018. It

[llerrad5]

Like yourself I also enjoy the MSFT preformance. Most analysyts measure O & G stocks by cash flow multiples. The reason being is that they have a lot of depriciation and asset ammortization to write off which are non cash items. That lowers the P/E but the write offs have little effect on the cash position except to reduce income taxes.

[WinstonSmith]

Seems to me that PEY stock price is closely tied to fluctuations of AECO spot: This weeks action has more to do with the cold weather onset in Alberta. No Trudeau or NDP or Bumbling CONS... just supply and demand of our main commodity

[Yasch22]

This post has been removed in accordance with Community Policy

[Oldnagger]

It seems to me that Orwell should be very high up on people's reading list these days !! Just look up the definition of Orwellian and Newspeak !!

[Barkis]

What's going on now is similar to what happened after 9/11 but on a much bigger scale and on a is affecting everyone on a much more personal level. Back then it was the right was hijacked and TBTP got what they wanted - a big regional war in the ME and the beggining of a police state everywhere else. I remember there being a fair amout  of discussion on the mainstreet news on the new

[topdop]

@Barkis and your point.... is? ?

[Barkis]

The point is in the post there somewhere. IOW I think we are being lead down the garden path again by those who believe in total control. I think it's very bad situtaion and likely to get worse before it gets better and  also that the fallout will probably preclude any benefit we may find in our personal investment choices. It was Sunday. A Holiday. I thought it was OK to expand the