RE:RE:RE:RE:RE:RE:RE:Basis Deals - TOU vs PEYWell said...
Some times the wind is hitting you in the face and other times it is hitting you in the back.
They have made money more times hedging etc over the years, but it just happened during the worst of the worst to be on the wrong side of timing as you mentioned.
If anyone has any ideas, not 2020 hindsight, in what Peyto should be doing going forward it is not like we see them from others ahead of time. Easy to complain after the fact.
The worst deal I did in my business, one of the more expensive ones ended up being a bust more ways than one. HOwever, I have made more money off of that bad deal every time I go to do another one it is always in the back of my mind and saves me money almost every time and on top makes me more when I sell if I happen to find something interesting of value in it.
NOw, I wish I could apply that to trading stocks for myself.
Looking forward to a good week, added more shares last week and may add more.