GREY:PEYTF - Post by User
Post by
bakken13on Oct 03, 2012 1:24pm
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Post# 20443311
3rd quarter production curtailment
3rd quarter production curtailment Production for Q3 is going to be way down due to the previously announced prodcution curtailment. That will only make a bad situation much worse, and their POR for the quarter could be very, very bad. I don't see how the market is going to take that well, and a dividend cut could be announced at the same time as Q3 results.
So why would anyone buy before those results are announced?