RE:RE:$15 per share before the next ER?I am confident this will see $20 at the end of 2022 and $30 at the end of 2023.
What I am trying to decide is if there will be a seasonal dip this spring and whether I should risk trading it or not.
Regardless i want to have a full position by the end of July. I have no doubt that this stock will provide 15%-100% gains in the next year to two years respectively.
My dilema is shoukd I risk the long term for the possible short term gain?
Will there be a seasonal dip this spring?
GLTA
sportstermathew wrote: Q I think your hesitation and many others are not only what is keeping prices lower by a huge margin. It is this nagging feeling that the floor will fall out from below our feet. Many of us have been burnt over and over by politicians in Canada, U.S. or producers over drilling etc.
As we get closer to 2023 and then 2025 for LNG maybe, and better now that LNG seems to be the saviour of Europe and others due to Russia's slitting their own throat.
Is there anyone here that thinks PEY won't get past $30? Seems more reasonable now that $13 is very close. PEY is firing on all cylinders, hedges peeling off, gas gen plant getting closer to end of 2023, great drilling results and deals along the way.
Darn, I need to buy more.