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Penn West Petroleum Ltd. Message Board

  • electropuff_98 electropuff_98 Feb 15, 2013 5:02 PM Flag

    Kent Moors Narley always Gets It Right

    "My view, ...puts– Brent at $127 and WTI at $105 by March 31. Most of this should be fueled by rising indicators of economic recovery (even sluggish signals) on both sides of the Atlantic." PWE's slump cannot continue, IMHO. Meanwhile day traders and hedge funds are having fun.

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    • Narley?? LOL Never ceases to amaze how disillusioned longs find any reason at all for the decline of their stock, except for the real reason. Hedge funds and daytraders, huh? Right. Take a look at the VOLUME. Look at the ORDER BOOKS. Look at the ORDER IMBALANCES. Look at the OPTIONS PRICING. These tell you there's no big bullies out there taking the stock down. What IS taking it down is the estimation of the analysts, the institutional investors, and the larger retail investors that the numbers don't add up. It's that simple. Good grief, you're like a bunch of primitive savages seeing fire for the first time. OMG, what causes that??? It must be from the Fire God and He's angry with us! Sacrifice! Sacrifice! Once you take your blinders off folks and view the available data OBJECTIVELY, then you too will find the right answer. Electropudd's "PWE's slump can't continue IMHO" has been echoed for 6 years now, from $38 to $10, it is the pitiful cry of the dumbfounded who are lost in the woods at night. Wake up, you're like confused deer in the headlights.

      Sentiment: Sell

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