Peyto Exploration & Development Corp T.PEY

Stock markets

[shenty46]

Stock markets teaches you every day, my losses in peyto call options are now close to 100k, i thought it to be going towards 20 dollars very fast after the recent acquisition, but yesterday there was an article in Globe and mail, that Alberta is going to add 2700 mw next year, out of that cascade power plant share is 900 mw. After such a big addition they are forecasting pool prices to decrease dramatically, so i dont think we would see the type of appreciation we were thinking peyto would get from cascade power plant. Peyto is i think now a good dividend player, any sharp rise doesnt look on the horizon, am waiting to cover my losses and buy only physical delivery whenever i have some money for dividend

[malx1]

Admire your courage. However, there's a reason why they warn us that NG bets are "Widowmakers" I like NG exposure to be less than 10% of equity exposure. That way the big waves down't sink you.

[houbahop]

"....Alberta is going to add 2700 mw next year, out of that cascade power plant share is 900 mw. After such a big addition they are forecasting pool prices to decrease dramatically,..." The heads-up on AESO pool price was given on September 27th, a few weeks before you started building your position: https://stockhouse.com/companies/bullboard?symbol=t.pey&postid=35656783 And then

[auagntungsten]

I'm hoping that your losses are not yet past expirey and with the bottom in (I hope) a turnaround could reduce your losses. I also bought options, but next month. Steady goes the plan....