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Penn West Petroleum Ltd. Message Board

  • david_steinmann david_steinmann Apr 11, 2013 6:12 PM Flag

    War of attrition

    Reminds me when BBRY was at 7 bucks. It stays there for 4 or 5months then triples in 3 months. All good stocks are held down for along time before rallies. Look at solar stocks ,went from 52 week lows to 3 baggers. We got cold in northeast and heat in deep South. We got companies operating like a cartel now . That means no more cheap gas. Those days are finished. Gas now 4 and more , bank on it. Warming planet means coal in USA is DEAD forever. Its now strictly 3rd world thermal and hydro fuel and even China is at the brink when it comes to pollution. Lots of oil but u have to drill up to 6 miles down to get it. And evacuate your crews every time the water gets choppy which is often nowadays.

    NVA tripled in a year from 2.50 to 7.50 and it has 800 k acres of land. PWE has 5 .2 million acres of land, whats that worth? NVA isnt even PROFITABLE. Lets the jews play with it, this company is worth 30 a share all day long and it will get there!

    Sentiment: Strong Buy

1.85+0.14(+8.19%)Sep 28 4:02 PMEDT