Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized... see more

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TSX:POU - Post Discussion

Paramount Resources Ltd > Price?

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Post by RookieReturns on Apr 23, 2021 6:09pm

Price?

Who the F&@# keeps hammering the price? There successive sales this afternoon each bigrement than the last...

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Comment by RookieReturns on Apr 23, 2021 6:10pm

*Three successive... and *bigger. I hate autocorrect.

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Comment by Raymondjames on Apr 23, 2021 6:23pm

Didn't see an individual seller of the stock. There was a replacement of the May 6c for August $5c and August $6c. That may have caused some dislocation.

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Comment by Raymondjames on Apr 23, 2021 6:32pm

Rookie - this will rip going into May 5th. You do not want to be shaken out here. Time at add another 20% if you can.

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Comment by RookieReturns on Apr 23, 2021 7:57pm

I'm not walking away at all! Just tired of the DB pushing this down all the time. Feels like hedgies trying to work things.

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Comment by Raymondjames on Apr 23, 2021 11:41pm

Yes on the hedgies but they are trying to manage this stock. The buying is done consistently by 091, 077 and 124 plus call options. We need more buyers. Even 40000 a day gets the shorts nervous. This will rip soon. J & J has been approved in the USA. Will get more shots in the arms soon. Don't be surprised if opec surprises next week by delaying a return of some exports. ...more

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Comment by Raymondjames on Apr 27, 2021 10:31am

I don't have the fundamentals acumen of my good friend Honeypot but I know a bargain when I see it. Going to $15 quote=Raymondjames] Yes on the hedgies but they are trying to manage this stock. The buying is done consistently by 091, 077 and 124 plus call options. We need more buyers. Even 40000 a day gets the shorts nervous. This will rip soon. J & J has been ...more

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Comment by RookieReturns on Apr 27, 2021 2:44pm

LOL! I don't think anyone has HP's acumen (or time) but I agree that it looks like we might, hopefully, be rounding a corner? Now that I have said it watch it drop...

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