Post by
bullsonmonday on Jun 21, 2013 3:57pm
contrarian
If this baby keeps falling I will continue to double down.
Truth of the matter is the wells are not at all horrible paired with netbacks and production rate could and should go higher with the waterflooding. Added, management is not incompetent either. It is a speculative stock no doubt but one must take a bigger risk to see a bigger bang-- you'll win some, you'll lose some. Life goes on.
I personally do not see reason to sell this stock right now though. If you are truly invested in PRY you understand that it isn't a short term hold. Markets are cyclical and patience is required. Hold through 2013, see where it is at, assess the risk yourself, and buy more meanwhile if you are confident. Do your own research and don't listen to numb skulls. Boards like stockhouse are only good for the exchange of important and pertinent information. If you are here to bash or wildly promote a stock then in my opinion you are not really here.
Comment by
blue_eagle on Jun 21, 2013 7:03pm
NCIB has't started..insiders..Wade..pick up 1 trade only..peanuts...what do the in-crowd know about sub-standard performance with the waterflooding.?
Comment by
Iamwcw on Jun 22, 2013 10:08am
This post has been removed in accordance with Community Policy