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Bullboard - Stock Discussion Forum Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Energy Oil & Gas E&P
Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena.

TSX:PXT - Post Discussion

Parex Resources Inc > Underperforming...
View:
Post by DrNo1962 on Sep 27, 2021 1:51pm

Underperforming...

Nice pop this AM but has certainly underperformed and sold off over the past 2 hours compared to peers.  This has been pattern but PXT tends to come back in the PM session.  See if that continues today.
Comment by DrNo1962 on Sep 27, 2021 2:21pm
Trading like it wants to close the gap.. $22.47 here we come?
Comment by DrNo1962 on Sep 27, 2021 3:09pm
$22.46 hit... gap closed... bounce?
Comment by DrNo1962 on Sep 27, 2021 4:32pm
An odd day. Textbook closing gap and bounce but very weak bounce no where near day high of $23.31 and significantly underperformed sector. That said I like closing house positions for today - only major bet selling from one dealer and a couple of big institutions continuing to accumulate relatively large positions today at average prices higher than closing. All in all not a bad day but wish PXT ...more  
Parex Resources Inc
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