Peyto Exploration & Development Corp T.PEY

Very Good Analysis of Peyto's Long-Term Value

[my12by61]

https://seekingalpha.com/article/4679124-peyto-exploration-out-of-favor-valued-for-potential-20-plus-percent-returns

[stockmarket1]

There are many target prices much higher than what Peyto is currently trading at ($14.50).  I'm just waiting for this to finally break through $15 which it's touched 4 times now since 2022 lol. 

[stockmarket1]

Today Peyto is slowly reaching $15 again. $14.73 as I write this. Will it finally go and stay beyond $15 is the golden question. It's reached $15 four times since 2022. We'll soon see but, it's nice to see uptick motion anyhow. 

[topdop]

5th time's the charm. key here is that (this time) it will trade up & through WITHOUT news and/or PR. technicals look good too GLTA

[stockmarket1]

We're now seeing a pull back in Peyto shares today. $15 won't be seen --- again -- this time around lol. Well, on the bright side a pull back was due and we may finally see better, lower price action for buying.  Hopefully, we'll see this touch $14 or slightly below? 

[topdop]

It's known as "Climbing the Wall of Worry" for a reason! Nothing goes up in a straight line except of course great companies like Enron, Nortel, Blackberry, WorldCom & SinoForest.

[Albertaproud]

Peyto is a long term hold for me, I buy on dips. But have not sold any, as long as the divvy is covered, great way to accumalate wealth. My average cost is 9.78. Don't know if it is a great company like the others, only time will tell.

[stockmarket1]

Your approach is pretty much the same line as me on this. 

[Singoa58]

I'll wait till market correction and buy at 8-9 if divy holds .. 14 is too much imo 

[Westcoastenergy]

Singoa58, I guess you should be looking elsewhere then if you are waiting for 8-9.  Good luck with that.

[bttmfischer]

Westcoast, he meant 8-9 in British pounds.