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Penn West Petroleum Ltd. Message Board

  • dog01buck dog01buck Dec 17, 2013 1:15 PM Flag

    Houston we have a Seller…..

    the volume is high. The DOW is up 25% for the year…and this stock is down 25%…..it does not look good to have this security on a fund's list at the end of the year……..so we have "dumping" occurring here….we have at least one major holder selling…..perhaps to buy back in after the beginning of the year……valuation is present but profits are not……it sucks for longs because these drops in share value exceed the dividend significantly…..

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PWE
1.850.00(0.00%)Sep 29 4:02 PMEDT