Peyto Exploration & Development Corp T.PEY

BEST SHOT

[wreckhouse]

Lots of guessing where the share price is going in the summer months and right now my BEST SHOT is 28.83 ( lol )  so in jun/2014 = 28.35  and the price for aug/2016 =29.32 . so the average is 28.83 july. With this price i would be making around 26 dollars a share ! Whow the coffee is kicking in and my dream is getting a little fussy now . HAVE A GREAT WEEK  INVESTING FOLKS  BCRNM

[sportstermathew]

If we have multiple price expansion maybe even 60% of past days it could even do better. Especially if debt gets paid down say by at least half, production goes up to 120,000 boe/d with 12 plants operating, new deals new land. I have a hard time believing that BIG SUNNY will ever get developed unless someone drilling like crazy wants to put some production away for some reason.  At current

[shenty46]

Hi sportsermathew,                                Yes with so many calls, i would just be printing money, my strategy is to sell all the calls, when price touches 20 dollars which i think should come well within this year may be within next six months,, and buy 25000 shares in cash, and rest towards the payment of my

[SlickRick40]

Shenty might just get his one or two million of capital gains. Good on him

[MagicPinstripes]

True, but he might be using a TFSA to trade. In which case, no capital gains. You just have to be careful to keep your trading to a minimum and not break any of the rules of TFSA accounts.

[shenty46]

Hi slickrick40, thanks god these are capital gains, so half profit would be calculated, further these options are in two separate accounts with my son. I have done my homework.