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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 Fritzeratoron Jan 10, 2018 2:47pm
89 Views
Post# 27326389

If you believe???.........

If you believe???.........a move down is an opportunity- buy more.........keep a diversified portfolio, play in half positions keeping some powder "dry".........going in too strongly with any position can  put you in that nasty spot where it seems only a move "your" way will keep you alive. Shorts love it when investors feel and react to pressure........they can break your will. I cant say gas will go up or down, however if you believe a drop is coming, followed by a bounce why not buy another very high quality gas specific equity........who knows what PONY might do but in the event it isnt favorable????..........dont be caught with too much of it.
    I have a position in PONY now......if we get a big drop I will add more to it, top that up to a full position, if I buy the rest of my position wisely things should work out real well.........dont be trigger happy, thats my advice, good luck.

 






 
 
Bullboard Posts