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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
Comment by Snowhouseon Jan 05, 2018 7:49pm
139 Views
Post# 27294768

RE:I will just hold all of my PONY position

RE:I will just hold all of my PONY position
PeterPP wrote: Since today price is 2.20, not far from next 2 dollar support, I will just hold it for 2018 since I've already held for entire 2017.
Next month will be a huge draw for NG inventory. Hope it helps to lift PONY SP a little bit. I bought a few at 2.20 today in another trading account, I will sell these around 2.50 for quick money and keep my original position until we see 4ish. and will sell all position and never touch this company again unless it starts to pay dividend.



I have seen this kind of falls or much worse than these in other stocks. People start talking about BK and crazy price targets like 5% or even 0.
A lot of rumours start floating in the market. After 3-4 months even shorters leave the stock because they have sucked the juices. Then it takes a quarter or so for the consolidation and then the stock price eventually comes back to where the true value of the company lies. 
As long as somebody is not in hurry to cash up their portfolio they should not worry about PONY. Just give it a couple months and nobody will remember 2.19 as the close. Time heals everything. Don't Panic and Have a safe & enjoyable first weekend of 2018.

GLTA.
Bullboard Posts