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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF

Energy Oil & Gas E&P


GREY:PEYTF - Post by User

Parallel Energy Trust > New 52 week low...
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Comment by Trader.xon Oct 04, 2012 10:48am
105 Views
Post# 20447041

RE: RE: RE: RE: RE: RE: RE: RE: New 52 week low...

RE: RE: RE: RE: RE: RE: RE: RE: New 52 week low...

Ok,my bet is they cancel the dividend until they can lower the debt which will take about a year,and they will strive to improve exit rates. I still own this pos from the ipo and I'm keeping it,but I don't see this hitting $5.00 for a long time. Those funds who are selling obviously know something we don't. Maybe they spoke to the banks and know that this cut is coming. My price guess is below $4.00.

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Dealroom for high-potential pre-IPO opportunities