Post by
ppp on Aug 08, 2022 11:52am
AECO
AECO at 3, pay attention. Stupid algos trade this on the price of oil.
Comment by
Maxmoe on Aug 10, 2022 5:50am
Stupid algos May bet a big jolt today when results and update come out
Comment by
Maxmoe on Aug 10, 2022 6:00am
Maybe pea was "forced" to lock in at $5 at aeco? I see it's back over 4 again. WTF is a gigajoule anyway and how do I compare that to $8 mcf ?
Comment by
Maxmoe on Aug 10, 2022 6:10am
Now razzle dazzle me with some boe/d, throw in some liquids, and I'll be damned if anyone can figure out what $3 aeco means against a hedge book that's more like $2.80. Let's see the cash flow today, that's a tougher number to dance around.
Comment by
Maxmoe on Aug 10, 2022 8:10am
So, stock is trading at less than 2X trailing annualized earnings. That's dazzling! NO, I repeat NO mention of east coast ! That's razzling! Paid down debt, peeled off some spare assets for some walking around money and some actual drilling coming in H2. All good. This stock should be at least $2. IMHO.