RE:RE:July 11, 2018 EIAYasch22 - Excellent analysis!
Logic would say that perhaps the prudent path for now is "wait and see". Have owned a bunch of CNQ and ARX for some time, so have no need to buy more in the NG space.
Then I looked at the Peyto 5 and 10 year charts. At first glance - terrible.
But I see an opportunity, so took a small position and purchased 2,000 shares on July 11th. Yes the company has some challenges, but I see a wonderful chart, multi year lows with definite basing. Seasonality aside, as demand gradually increases and supply eventually peaks, the inevitable will occur.
The key is patience. As a long-term investor I'm prepared to just tuck it away for 3 - 5 years. And you get paid while you wait.