RE:RE:New to the gameCattleandOil wrote: Well, I know that our CEO loves convincing people to buy Pine Cliff Shares, becuase as he loves to say... "it's always a great time to buy". In any case, I fully believe in this company surviving and expanding eventually. They don't do anything without seeing if it can be done for less money without sacrificing integrity and have one of the lowest lifting costs in western canada. I am just a field op for them so I am not privy to thier war plans, but It wouldn"t surprise me if they continued to buy other areas as they come for sale. I honestly think that if gas prices stayed just above our lifting costs, they would be happy because it would cause other companies to continue to have to sell off their areas which pine cliff would probably take off their hands for pennies on the dollar. As for the stock price, I have absolutely no idea why it went this low to begin with other than people got scared and the fear mongering caused a huge sell off. If the stock market was a true value of what a company was worth, even with gas prices being in the tank, we should be somewhere between 0.60 and 1.00. They have swung a bunch of gas around so we are not selling the majority of our gas to aeco anymore, and they are realizing higher gas prices on the other markets because of that. They have the option to swing it back to aeco if need be however, so they are fairly versatile in their sales points now. I can honestly see PNE stock making a big jump once these day traders take a hike and the rest of the investment community realizes we aren't going broke (as some on this board like to say without actually having a clue what they are talking about). I'm not saying if you buy today that it won't fluctuate at all, but I think waiting for too long to get in might make you miss the boat. I just bought a ton more over the past week, with plans on buying more. Good luck with your decision.
Message me cattle, thx