RE:Time To Buy PEY - It's NG not WTINew here. I hold VET and now PETYO. I did some good research on PEYTO and I believe the future looks real nice for this company. Low debt that is very manageable and while commodity prices ( WTI and NAT GAS ) stay firm. FCF for PETYO will be very solid and should easy cover the monthly dividend. Good company.
Having said this....I did some buying during the red days and will continue to buy the $14 level. Of course, the lower the better and cash isn't a problem for buying on red days.
Cheers
newcoin wrote: It's crazy that PEY gets lumped in with the oil companies. WTI down big time today but NG up nicely. PEY stil taken down by forces that don't understand this company. Agreed! Great time to buy.