RE:Insiders continue to dumpngtraderng wrote: Peyto is levered up by design to be a debt pig. Having a high debt load allows management to fend off bidders who would put them out of a job and also makes the stock price more volatile which allows them to strategically issue themselves risk-free options at outrageously low prices.
Lol wrong on all fronts. See you at $20+ as debt is reduced by $100mm per quarter. Nobody stands to lose or gain here more than management team. Darren Gee doesn't f*ck around. One of the few blue collar guys left in the patch. And I hope he's around another few decades getting his options and paying $0.20/mo dividends on his millions of shares. You don't like it, you can buy a diff co.