RE:RE:RE:RE:RE:nice update but...skiptoggle wrote: Apparently the market sentiment is a big yawn after this last quarter. I agree with you that right now it is obvious Pipe is fighting more than just it's legacy from the BBI days. Is there something devious behind the constant lowball share trades?
This is not a question directed at you Don but to everyone on this board: why is anyone in the market selling at 1.18 right now?
Honestly, I have no idea. Could it be people losing their shorts in the cannabis fiasco and getting margin calls, or just "investors" who expected PIPE to already be pumping 16,000 boed, or just people that cannot read?
But, the Canadian energy sector remains in the doghouse, with everything discounted for $30 oil. I don't even bother trying to figure out what others are thinking, I simply know that buying the best and most profitable oil/gas stocks will pay off when the rest of the market realises what we already know.
I am not a penny-flipper or daytrader, I am an investor, and PIPE is a good investment based on their assets, their new management, and their solid financial backers. These people are not idiots, and I will place my faith with them above anyone else.