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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Comment by mmoschukon Oct 22, 2014 1:31pm
110 Views
Post# 23051537

RE:RE:RE:what will shorts do today?

RE:RE:RE:what will shorts do today?You do a lot of thinking into the future don't you. Maybe talk yourself into believing many things are on the frontier and it looks as if you trade this stock that way. Again, I bird in the hand is worth two in the bush. I could fantasie all kinds of things about PMT but the reality is the current stock price. There was a great run down, money making for shorters and an opportunity for the longs. I made money and lots of it, you lost money to hopefully see a gain in the future down the road as you picked up more shares. I move on to see other opportunities in the market while you wait. There is a time to be long and a time to short, you are waiting for that day but what price would you sell at? Would it be 3 4 or 5 bucks. How will it play on you mentally when it reaches 4 bucks and then sinks back down to 2.50 and sits there for another 2 years? Would you say darn I should have sold at 4 bucks? Then the next time it goes to 4 bucks and you sell. Then is goes to 6.50!!!! After years of waiting you may sell too soon. Its a big game but no individual investor makes huge money consistently.
Bullboard Posts