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Bullboard - Stock Discussion Forum Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena.

Bullboard (TSX:PXT)

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Comment by JoeBravo1on Nov 21, 2024 8:34am

RE:Is PXT Undervalued? Here are my reason for believing PXT is

I agree, I believe that Parex is undervalued, but for different reasons. My view is that EPS and P/E is important, but not as important as FFO for a company like Parex which is returning a majority ...more  
Post by traderlong2on Nov 21, 2024 8:29am

Still lots of shorts to catch

Symbol Issue Name Shares Net Change Date $PXT.TO PAREX RESOURCES INC. J 3,547,670 149,185 15 Nov 2024 $PXT ...more  
Post by CrazyTraderon Nov 21, 2024 7:21am

Is PXT Undervalued? Here are my reason for believing PXT is

Crazy Stupid undervalued.    1) The most important thing is P/E ratio, price to earnings. I'm not just looking at the current P/E ratio, but I'm looking at the Earning History of ...more  
Post by Jonathon Brownon Nov 21, 2024 6:55am

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

Comment by traderlong2on Nov 20, 2024 9:56pm

RE:RE:updated share count

I think they believe it is very undervauled ! From Jan. 4, 2023, to Jan. 3, 2024, the company purchased 5,628,100 common shares on the open market at a weighted average price of $25.1587 per common ...more  
Post by JoeBravo1on Nov 20, 2024 8:37pm

2 Bullish Targets ...

I have 2 intermediate bullish targets for the share price with the first being, $17.60 and the next being $22.44. I believe the first will be reached by next week or two prior to ex-dividend, and $22 ...more  
Comment by JoeBravo1on Nov 20, 2024 8:30pm

RE:updated share count

All I see are positives.  When a company is buying back their own shares and at increasingly higher prices, that can only mean they believe their share are undervalued. Parex isn't waiting ...more  
Post by traderlong2on Nov 20, 2024 6:48pm

updated share count

98,921,736 as of tonight ! keep taking those 30 k a day Love this !
Post by traderlong2on Nov 20, 2024 4:52pm

another EOD swap

Trades for C:PXT on 20241120 - 4679 trades displayed Time ET Ex Price Change Volume Buyer Seller Markers 16:00 ...more  
Post by traderlong2on Nov 20, 2024 4:48pm

smaller float

8 Eight 30,000 450,533 15.018 0   30,000 -450,533 Another 30 k Gone today
Comment by ol_grizon Nov 20, 2024 4:06pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Selling = Share Printing = Manipulation = more ways

All I'm saying is, according to what I've read, the loan desk keeps track of shares available to loan (how many they own and how many their clients own), which I'm calling the float.  ...more  
Post by CrazyTraderon Nov 20, 2024 3:46pm

I'm super heavy on PXT alreadyso haven't been "averaging up"

but if market sends it way back down, I'm buying more.
Post by CrazyTraderon Nov 20, 2024 3:40pm

PXT EPS for 2022 was $6.07 USD, for 2023 it was $5.19 USD

That's about $8.49 CAD and  $7.26 CAD !!!!!    PXT share price $15?????   A company with near ZERO DEBT!     JUST CRAZY.
Post by CrazyTraderon Nov 20, 2024 3:30pm

PXT would probably be a $30 to $50 stock if it traded at the

same valuations as its peers.   P/E ratio here is crazy stupid, and remember EPS are in USD.  Translate that to CAD the P/E just gets even more crazy.   Actually, PXT should ...more  
Post by CrazyTraderon Nov 20, 2024 11:46am

How many people here have ever tried Shorting?... And how

many people here had their broker call them up demanding you to buyback to close the short for no other reason other that the broker demand so?    Why do you think this happens??!!!!
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