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Painted Pony Pete Ltd PDPYF

Energy
"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

Painted Pony Pete Ltd
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Comment by Claude13on Jan 06, 2018 1:36pm
161 Views
Post# 27297479

RE:Seen this before

RE:Seen this beforeI have seen this before, quite a few times actually. I too, was buying Daylight as well as Esprit (EEE) when others were dumping and I made a lot of money on both. However I got caught on Perpetual (PMT) if you want to see another ugly chart for the last 3-5 yrs. 
Hopefully Pony will turn it around sooner rather than later but I'm not buying more, averaging down has not been healthy in the past for this stock. The best time to buy this stock has been tomorrow, and even better is the day after tomorrow, then next week :). 
Better to wait for it to turn around before you buy, trying to catch a falling knife is never a good idea.
Good luck to all.

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