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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 > Looks like shorts are working OT
View:
Post by SadieLadyCO on Jun 14, 2023 10:30am

Looks like shorts are working OT

I am really wanting a Powel hold on interest rates. If so the market should jump along with NG / OIL prices. Shorts will need to cover fast
Comment by stockmarket1 on Jun 14, 2023 10:38am
Looking at a chart  from fall 2022, its been making lower lows ever since. No strength and not worth buying for that reason right now. In my opinion, I think we'll see PEY go below $10. If I'm wrong then I'm wrong but.....I'm sticking with that call. 
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