Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

PENN WEST PETROLEUM LTD. T.PWT

"Penn West Petroleum, based in Calgary, Alberta, is an independent Canadian energy company focused on the exploration and production of oil and natural gas resources in Saskatchewan, Alberta, and British Columbia. At the end of 2015, the company reported proven reserves before royalties of 208 million barrels of oil equivalent. Daily production averaged 86,000 barrels of oil equivalent in 2015, at a ratio of 69% oil/31% gas."


TSX:PWT - Post by User

Comment by makedonkaon Feb 07, 2017 9:59am
102 Views
Post# 25809382

RE:RE:RE:RE:RE:Oil Is In. The Energy Report 02/06/17

RE:RE:RE:RE:RE:Oil Is In. The Energy Report 02/06/17
Flyfishing20155 wrote: Snooopy, use this table to validate your investment decision, this table is a theoretical simulation of what took place on this board from the high in 2011 to the high of $2.72 in 2016/2017 a share. Assuming these posters have the guts to make that investment decision to buy at those levels and smart enough to sell at $2.72.
MY GUESS IS NOT!
I assumed that when these poster said they average down, I just used a $5000.00 number just for calculation. Over a period of six years and you followed this investment advise, you would of pocketed $366.06; if you're okay with that return over a period of six years, you have done well for your self.
Good luck investing.

Price per share

Invested money

Shares owned

investment loss at low

Value of gain

total value of securities at low

total value of securities at $2.72

$‎ 30.00

$10,000.00

333.33

-97.8%

$0.00

$220.00

$0.00

$‎ 12.00

$5000.00

416.67

-94.5%

$0.00

$275.00

$0.00

$‎ 5.00

$5000.00

1,000.00

-86.8%

$0.00

$660.00

$0.00

$‎ 0.66

$5000.00

7,575.76

0%

$0.00

$5,000.00

$20,606.06

$‎ 2.72

$25366.06

9,325.76

312.12%

$15,606.04

 

$25,366.06

 

$25000.00

 

 

 

 

 

Total gain after 6 years

$366.06

 

 

 

 

 



Snoopydoo01 wrote:
I don't know and that's why I'm fawkin asking!!! Getting worse by the hour... Did I get duped when I bought in at 2.36? I thought that was a great deal! Sure feel like a FOOL now!



Everyone that has been here long enough knows very well who and what your AGENDA is and how many ID's you blew through while running it.

Those that are new here, do your own DD on the NEW Penn West and decide for yourself.


<< Previous
Bullboard Posts
Next >>