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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta's deep basin. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol... see more

TSX:PEY - Post Discussion

Peyto Exploration & Development Corp > Dreaming in Technicolor
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Post by 7Twiggy on Apr 09, 2022 1:13pm

Dreaming in Technicolor

IMO anyone thinking this is going down much in this enviroment is dreaming in technicolor. The short figure has been climbing a litlle the past three reports.  Total short volume around 5 million, so suspect we are seeing a few negative posts from that group.  Present price climb has been measured which is fine by me..Think we will see the continued slow move up.  I would not even think of risking a short positon on this or any number of energy stocks
Comment by TerribleEng on Apr 09, 2022 4:47pm
I don't think anyone is talking about shorting anything. The fundamentals are here for long-term appreciation at the moment. We are just discussing whether the fact they will lose money on half their production (not just taxes) for the next 6 quarters is going to be a drag on sentiment when announced.  With regards to Pine Cliff's Royalty guidance, that is basically in line with what ...more  
Comment by 7Twiggy on Apr 09, 2022 10:50pm
Times have changed TE
Comment by robert41 on Apr 10, 2022 11:39am
IMO posts on this board and the majority of others have zero impact on share price up or down. the amount of posts and their reads basically suggests we are a small concentrated group of retail NG investors. These stocks are moved by the big boys not by posts on this small forum. Trusting anything posted by anyone unless you have checked their history over the years is a fools game. TE and a ...more  
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