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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Comment by Beabaggageon Oct 30, 2014 11:44am
269 Views
Post# 23076849

RE:Are we going to retest or blow through it?

RE:Are we going to retest or blow through it?seems to be the debt weighing on the sp and all junior's in the market -winter is settling in here in US. I am glad we are producing in the south US, read yesterday Marcellus/PA is lucky to trade at 1.96US. would not be surprised if there is some tax selling here as we hit into low $3's, new territory for the trust. NG up a little today. there are 2000 wells drilled ready to produce as soon as pipelines are set up in PA Marcellus. and they make money at 1.96! EQT and RRC both had great quarters. bring on the Vortex!
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