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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 > ON TOP OF WHAT I ALREADY OWN....
View:
Post by stockmarket1 on Dec 11, 2023 10:57am

ON TOP OF WHAT I ALREADY OWN....

I'm loading up big time anywhere below $11. Buyimg in Intervals
Comment by OGInvest0r on Dec 11, 2023 12:51pm
Very very little downside risk at these levels. Almost a no brainer to nibble away and sit on your hands to not hit the sell button for a few years. 
Comment by houbahop on Dec 11, 2023 4:27pm
From your posts, it seems your loading every week with a stock falling like a knife in warm butter. Than you wrote you were considering selling some. And now, afew days later, you plan to load again on top of a loaded truck! Acting in confusion may separate you from your money. Be careful.
Comment by stockmarket1 on Dec 11, 2023 5:36pm
Yes, but each day it declines it gets closer to my comfort zone. It's declining everyday which it didn't think it would happen. I thought we'd get a bounce up but...nope.  Thx for the heads up though.  
Comment by houbahop on Dec 11, 2023 6:31pm
The trend is going on the downside. Some might fear there will be a strong reversal and miss the bottom. For the ones who already have the shares, this fear is futile. For the ones initiating a position, the dividend might look attractive. There is a strong possibility the price will get lower and will settle for a few weeks in the lowewr level. Once this consolidation happens, it could be the ...more  
Comment by stockmarket1 on Dec 11, 2023 7:50pm
Well said. You're right. 
Comment by bttmfischer on Dec 12, 2023 10:21am
houbahop I still think that your prediction of a $10 bottom is valid. I will wait for a while, it's possible we could see 10-is prices in January 2024..
Comment by houbahop on Dec 12, 2023 1:26pm
You mean 10-ish prices by the end of the week?
Comment by bttmfischer on Dec 12, 2023 9:00pm
No, I meant  sometime in January 2024..
Comment by Quintessential1 on Dec 12, 2023 11:09pm
Who says you can't convey sarcasm through text? GLTA
Comment by malx1 on Dec 14, 2023 3:00pm
Reads as if we should watch for you on SEDI
Comment by stockmarket1 on Dec 14, 2023 3:50pm
I'll let you have the honors first. But thx