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Bullboard - Stock Discussion Forum Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include... see more

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > Inching closer to June 15
View:
Post by 7Twiggy on May 16, 2022 9:45am

Inching closer to June 15

Really surprised that a lot of investors have not woken up to the natural gas plays.  Even bank stocks continue down.  A lot of hidden interest here and with other plays. All my four doing very well.  Volume still low and looks to me like a few day traders trying to make a few pennies.  You would think they would go after something with a wider spread. We should be trending a lot higher as we  move toward June 15.
Comment by Scotchlight1001 on May 16, 2022 12:12pm
Harder to predict the sine wave pattern of a monthly dividend stock prior to its first dividend. Trend is up but do not think PNE will go through 2.00 until after first dividend. IMO.
Comment by 7Twiggy on May 16, 2022 1:36pm
You could be right Sl, but a stock priced at this level will be quite interesting to retail investors, however seems to be a lot of large bids showing up that most likely are too large for the small guys.  Also appears to be a lot of American investors interested by the looks of those trades including a half cent and their are a lot of them. One other good thing is that a lot of day traders ...more  
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