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Bullboard - Stock Discussion Forum Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of... see more

TSX:AAV - Post Discussion

Advantage Energy Ltd > Picked up 15k shares today....
View:
Post by Luckyeleven on Dec 11, 2020 4:40pm

Picked up 15k shares today....

at 1.8 and pleased with that. Not sure how long I will hold as I trade frequently but think there is a good trade here.
Comment by Cheadle12 on Dec 11, 2020 9:42pm
What's the trade ?  Gas prices are tanking, they have paltry liquids & already 400M market cap.   Where do you see this one going? quote=Luckyeleven]at 1.8 and pleased with that. Not sure how long I will hold as I trade frequently but think there is a good trade here. [/quote]
Comment by Luckyeleven on Dec 12, 2020 9:28am
I'll let the tape dictate the trade. We had a couple of warm weeks which drove prices down. We are now seeing a rebound the last couple of days and imo more to come. Being a mouth piece you should learn to do a little more listening instead of just popping off. 
Comment by RJboxer on Dec 12, 2020 1:18pm
One of the best managed companies and lowest cost prodcuers in the Canadian E&P space. In their 3Q earnings release AAV produced 5,000 bpd of liquids, and this can be pushed towards 10,000 bpd if price dictates. They have great assets and superior optionality to swing between gas and liquids.  At current stock price AAV has excellent risk/reward potential.
Comment by Cheadle12 on Dec 26, 2020 7:07pm
Luckyeleven isn't so lucky, he's already down $750 + trading commissions. Advantage has not popped like the rest of the pack has done. quote=Luckyeleven]at 1.8 and pleased with that. Not sure how long I will hold as I trade frequently but think there is a good trade here. [/quote]
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