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

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Painted Pony Pete Ltd

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Comment by dalerules88on Jan 11, 2019 2:48pm

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Post# 29220341

RE:RE:RE: RE: This Stock Is Sick

PeterPP wrote:
As I said choose better NG company like BIR. PONY is bad run company. Look at company profitability and debt load, I just don’t get why it attract so many retail investors, but no institution and big fund like it. Retail investors are eager to earn fast money thinking value is cheap, but end up losing big and capital trapped in for many years, just like investing some other trash stocks

The sector has just rebounded 10-25% in the last two weeks. Large caps always lead mid caps always lead small caps. Be patient. Overlay BIR and PONY charts for the last decade and you'll see my point. At these levels, PONY has twice the torque of BIR and fundamentally speaking, no new wedges between PONY and BIR since the last acquisition. IMO PONY will catch up the the rest of the sector - again, large caps lead small caps.

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