OTCPK:PDPYF - Post by User
Comment by
78Spideron Feb 22, 2017 6:51pm
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Post# 25880140
RE:78 Spider - interesting article
RE:78 Spider - interesting articleHi Indicator.
With NG prices declining:
https://www.nasdaq.com/markets/natural-gas.aspx
And, your seasonal chart shows NG will come in favour, mid-March:
https://charts.equityclock.com/natural-gas-futures-ng-seasonal-chart
And of course, NG (and also oil) Cdn equities are tanking.
Why place a buy bid now? Not too early?
Yes, she may be oversold, and PPY will likely pop up Feb 28/Mars 1; which will likely be short lived. Kinda like BIR, when they released recently released results.
Is it better to buy PPY, when NG price and PPY are on the upswing by 50-75 cents? You don't catch the botttom, but who the heck knows where the bottom is.