Paramount Resources Ltd T.POU

10.10 stop

[RusticHit]

Careful if she breaks 10.10 yugggeeeeeeeeeee   gap under that ,,,,,,,,,as always ,,,,

[RusticHit]

hahahahhaahhaah told ya 10.20 buy 11 sell works like Magic 

[Raymondjames]

Rustic - don't worry about gaps below 10.10. I don't keep a bid on the board but swept up half the volume today in 10 minutes. 

[Raymondjames]

Take a look at August$6c and you will see what I'm talking about. 

[RusticHit]

Going down this time 9.60 next stop if 10 drops

[Raymondjames]

Maybe but I'm still buying. Another 150 Aug $6c and more stock. That options board is getting tight. 

[RusticHit]

 So you are holding all Open Int  3000

[Raymondjames]

Plus 200 today. 

[Raymondjames]

And a ton in May. 

[Raymondjames]

I may not win on each call option purchase at the time of expiry, but i control the stock at $3, 4,5 and 6.  This may not be $15 in the next 5 months but one positive development and you are looking at $15. 

[RookieReturns]

My belief is the quick rise in value came about due to the fundamentals of the company looking strong and the share price being ridiculously low based on that analysis. Everyone piled in and now we are waiting for the rest of the market to catch up. I believe we'll see value increase over the medium term 6-12 months up to $14. In 2022 if the economy is recovering well we could see $18-22.

[Raymondjames]

Agreed 

[not4anymore]

Hopefully JR will give us a clue of what he is up to in the next quarterly report. I am starting to think that POU is a trader .......

[Raymondjames]

All energy names have been down in the last 30 days. Pou is not the exception.   

[RusticHit]

Momentum is gone in Energy names they r drifting down every day now look lik ethey r predicting oil is going lower Pou lost the big support and this is going lower 

[Raymondjames]

Oil may go lower in the next couple of weeks but I wouldn't be betting on it going much lower than here. OPEC will meet again end of month. They won't let the idiots tell them where oil prices should be.  All energy names have drifted lower in the last few weeks. Again I buy when people sell. Don't care if it goes to $9. I will buy more. Not afraid and have deep enough pockets to

[Raymondjames]

That post didn't age well. Lol. 

[Raymondjames]

Forgot to add the comment below. Didn't age well.