TSXV:PEC.H - Post by User
Post by
Tomwhitfordon Nov 01, 2012 5:14pm
404 Views
Post# 20552100
Yup news wasn't great
Yup news wasn't great I agree with the comments about IROC, they should have halted. The damage would not have been nearly as severe. It actually hit the lowest of our estimates at around 10c BEFORE news. Although they did find gas and their property is extensive, the damge imo has been priced in maybe even too much as alot of people here were expecting 10 - 15c range damage.
Anyways, I'm sure a lot of people took a hit for something much bigger. I did and I rarely do these kind of trades BUT I afforded what I was able to lose and paid the piper.