Peyto Exploration & Development Corp T.PEY

on the contrary

[shenty46]

on the contrary, i purchased 3000 today at 3.03, with all the shakeup last month with vermillion etc, now i have 30000 peyto, shall increase it to 50000, in this rangebound environment, if i get a chance to sell some vermillion if it goes in double digits.

[GoldStandard41]

Am I the only non millionaire on this board? How can you drop 100 grand on Pey and still be diversified? Mind boggling to me!

[ghostzapper]

One would think if they were employing $150k they'd be able to find others in the space that would provide better upside.  Cabot Oil & Gas, Pioneer Natural Resources, EOG Resources, etc.  Especially a business that wasn't landlocked like Alberta NG. 

[Yasch22]

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[GoldStandard41]

Still out of your mind to put that much money in one stock, what if Pey did the Pey thing and went down 50%. You'd be out 50 grand.

[ghostzapper]

I haven't done so but maybe we should be overlaying the graphs over the past 5 years and then go from there.

[ghostzapper]

And when you get that assignment done, and me just taking a wild stab in the dark, PEY's graph will most likely be the worst of the lot.  If PEY's management team is so brilliant, should their 5-year graph look like it does?  I owned PEY in the past and probably will never again as I don't view the managers as competent and the board as good stewards of shareholder money

[Yasch22]

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[egss]

TOU surronds all their lands they should take them out!

[SlickRick40]

Hey shentbreak why don't you post a screenshot of pey holdings to prove all the doubters wrong.