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Painted Pony Pete Ltd PDPYF

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Post by Rawcolton Dec 12, 2017 4:31pm
186 Views
Post# 27141734

Hedge your loses if you are loosing sleep.

Hedge your loses if you are loosing sleep.If you are over exposed on this stock, like most I bet, hoping and thinking that Nat Gas stocks on any kind of cold weather would shoot up than I would suggest selling say 25% of your postion and wait for a confirmed bottom in the next 2 weeks or so. Wait and see if  PONY does come close to $2 per share, then reinvest your 25% on the pullback. If it goes up and you miss out  put your 25% into something coming off tax loss selling that should move up in new year. One stock I will be watching is NSU another is ALA.
Bullboard Posts