You have been pumping Petrobank for years as it has dropped lower and lower !
I guess I'm doing the company a favor then as they get to buy back shares at even better prices!Thanks for visiting my blog, the more traffic the better and I can see you are here often.
How about a graph showing the intitial price of Petrobank when you started pumping this stock and it's share price today ?
I don't really feel like making a graph for you. But if you could imagine one, the start of my "pumping" which would be also the start of my buying occurred at a (PMG spinoff adjusted) $23 per share. So the graph would moving down.Now to at least be fair to myself I should mention that I have continued "pumping" and also buying as the stock has gone from $23 down to $6 and back up to near $14.I'm not sure what my average cost would be (or average "pump" price), but I'd guess it is a couple of bucks over the current share price.I like this management team, so I'm going to given them a long rope. They have built a pretty big acreage position up in the Duvernay/Swan Hills area that I did not expect and provides more upside than I expected.Thanks for coming back and commenting again. I love to get the blog traffic up, and there is nothing better than a good conversation to do that (not to mention the traffic from your IP address shows you are my #1 fan!).