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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 > To Peyto...tanks today
View:
Post by Ganga22 on Apr 09, 2024 2:14pm

To Peyto...tanks today

Wondering why Peyto is dropping today?
Comment by stockmarket1 on Apr 09, 2024 6:52pm
Its up 27% year to date and 20% in one yr time ---- dividend not included so, I'm guessing money is being taken off the table.  Now, cheaper shares hopefully will arise before it rebounds up. 
Comment by topdop on Apr 10, 2024 8:08am
This kind of approach cracks me up. To keep one's sanity, a broker friend told me this simple sports analogy years ago and it goes something like this: if you are in a stock for the long term, DONT make the mistake of LOOKING AT THE BASKETBALL. If you are incorrectly focussed that way, all you will see is bounce, bounce, bounce - continually. Up, down, up, down & it will drive you ...more  
Comment by bttmfischer on Apr 10, 2024 9:48am
Words of wisdom. Well said.
Comment by Westcoastenergy on Apr 10, 2024 4:37pm
Nearly a 52 week high today.  Chill
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