Painted Pony Pete Ltd PDPYF

RE:Just bought....

[dalerules88]

AECO was green, but at $0.32, up from $0.11 the day before, presumably due to the TCPL move; expected winter pricing was probably 2.50+3.00 as shown by the late october rise... TCPL basically screwed it up, it seems ... With Sation 2 also getting terrible pricing, I'm not surprised we're down at these levels... plus stip pricing took a dive like 20 plus percent few days ago, only now just slowly starting to recover; combine that with the lack of apetite for cdn resource stocks, the trump factor with G20 coming up, tax loss selling... and this is what you get; the TD report hurt Pony and AAV the most, it seems, even though it looks scewed to me - not sure exactly what Pony does but I do know AAV doesn't  have 49% AECO exposure, like TD stated - I think that may have been on purpose by TD... AAV for instance has only about 13% UNHEDGED exposure, and I'm guessing Pony's unhedged exposure is similarly much lower than the 49% or whatever BS number TD presented ...

bottom line, with the TCPL move and the TD coverage, PONY longs got screwed, as did AAV longs, btw ...