Post by
sportstermathew on Nov 12, 2021 5:12pm
Holdings long, cash, what to do
I am happy, to a certain extent.
A long way to go just to get back to where I was in the past.
I do not think Peyto will have any major potholes for the next 18 months or more. Unless we have a major market meltdown. Just too much cash around, cashflow, not much has changed where I live.
The next six months earnings reports have to be very very good, just about half way through 4th quarter already. Hedges in place with some nice new production for higher spot pricing potential.
I do have about 15% cash presently, and no margin in any accounts.
If I could I would go 100% Peyto and take what it gives me going forward I would as I believe most on this board see Peyto's stock price past $20 in a year or so and past $30 the longer this consistent pricing sticks around.
Comment by
llerrad5 on Nov 12, 2021 10:46pm
pey, bir and crew and aav are great investments I agree and one must have diversity. I own 3 others too plus a ocean going oil transportation line and a 1 N Gas shipping co that does storage and trucking too. Spread my risks.