Yangarra Resources Ltd T.YGR

Ouch!

[Helloworld]

When NG stocks all went to YTD highs a couple months ago YGR behaved more like an oil heavy stock and never really took off. Now with NG stocks falling and oil stocks holding YGR is treated like a NG stock and is plummeting... not loving the risk to reward at the moment.

[Spos01]

Agreed, by far one of my most frustrating investments. I guess I need to lower my expectations. Thankfully my other O&G stocks are performing slightly better. 

[Nothingmatters]

all the pumpers have fled that is what is happening 

[cfliesser]

I don't think so... itsd just a function of commoity prices. 50% profit is oil, 50% nat gas. If oil goes down shoudl see this dip half od what an oil company does, same for nat gas... nat gas prices have halved.. oil price down too. This isn't unexpected from a macro perspective. Look at peers they are all down too.

[Helloworld]

Most gas stocks down 5 to 10% YTD. Most oil stocks up about 5% YTD. YGR down 13% YTD.  Today again like all year oil stocks up 2-3% and even gas plays are outperforming YGR. Even every other Cardium player is solidly up while this trickles down on no volume. Frustrated at myself again for not selling out when shorts were covering and price held up well for a few weeks.. if would have

[cfliesser]

I beleive thats your problem... comapring YTD is only 3.5 weeks. These stocks are very volatile. 3 weeks of course will be all over the place. Look at 1 yr performance, pretty similar to peers. Will over/under perform at times for sure. I don't listen to the noise of SP. Listen to the macro environment and production.

[Nothingmatters]

Why are making the same mistake then?

[fullyautomatic]

Sell your shares. I will buy them. 

[Helloworld]

I think it would probably help the SP a lot. If I sell probably the next day YGR is sold for a 50% premium.