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Parallel Energy Trust T.PLT.UN

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  T.PLT.DB

Parallel Energy Trust is an unincorporated open-ended limited purpose trust. The Trust is in the business of acquiring, developing and producing oil and natural gas reserves in the United States.
Price: $0.58 | Change: +$0.09 | %Change: +18.37%
Volume: 287,080 | Day High/Low: 0.61/0.48 | 52 Week High/Low: 4.84/0.46
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0 stars

RE:RE:RE:RE:Why the sudden jump in sp?

That's true. Plus market conditions are beginning to improve. This week alone ~90 rigs closed in the U.S., and ~30 closed in Canada. Things are moving in the right direction. CaptainA999 wrote...read more
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RE:RE:RE:Why the sudden jump in sp?

Something we have to realize is that the USD has strengthed significantly since PLT released its initial budget back in November (originally $1.12, currently sitting at $1.27). To pay the monthly...read more
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RE:Why are insiders not buying?

Joe454 wrote: Probably for the exact reason you stated: They're on life support.  It's likely they don't even know if they'll survive the current market conditions. It is my hope that given the...read more
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Why are insiders not buying?

  rate and reply
5 stars

RE:RE:RE:Why the sudden jump in sp?

Joe454 wrote: They're on life support , the only way to get of is to pay down debt which looks very unlikely , hope someone doesn't pull the plug. Oil is climbing due to a report indicating that...read more
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RE:RE:Why the sudden jump in sp?

They're on life support , the only way to get of is to pay down debt which looks very unlikely , hope someone doesn't pull the plug.  rate and reply
5 stars

RE:Why the sudden jump in sp?

Volatility. Market speculation and frightened traders oversold this, like many others. It may have found its bottom. No one wants to miss the boat if things turn. Given the beating we've taken, this...read more
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RE:RE:Why the sudden jump in sp?

With gas dropping like a rock , I doubt any good news could come of that.  rate and reply
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RE:Why the sudden jump in sp?

Maybe there is good news coming. We sure could use it.  rate and reply
0.5 stars

RE:Why the sudden jump in sp?

Go figure  rate and reply
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Why the sudden jump in sp?

  rate and reply
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RE:RE:Some numbers and some good news!

Kherson another great pick of yours? LOL  rate and reply
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RE:RE:RE:Thoughts on Parallel's Jan 2015 presentation...

Good advice, indeed, Joe. In fact I did buy the equivalent of US$ T-Bills back in May. Joe454 wrote: Go buy a T Bill. bill_29 wrote: I like your analogy, Joe (i.e. both hands). Let me expand on...read more
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RE:RE:Thoughts on Parallel's Jan 2015 presentation...

Certainly! But then again we're not paid +$500,000/yr to address such questions. That's what Management is for... :) leo101 wrote: i think these are all questions investors should be asking...read more
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RE:RE:RE:Could anyone please explain how PLT.DB

brin5505 wrote: The bank debt according to their Sept 30 financial report was $176.2 million. Perhaps some of the total bank debt is for it subsidiaries. I would guess total bank debt now is approx...read more
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RE:RE:RE:Thoughts on Parallel's Jan 2015 presentation...

Go buy a T Bill.  rate and reply
1 star

RE:RE:Thoughts on Parallel's Jan 2015 presentation...

I like your analogy, Joe (i.e. both hands). Let me expand on this idea to better illustrate my concerns around the presentation:   Calm waters turn stormy, and a drowning man calls out:   Man:...read more
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RE:Thoughts on Parallel's Jan 2015 presentation...

bill_29 wrote: All - I've had a chance to review Parallel's January 2015 presentation, and I must say that I'm quite disappointed. The issue isn't the individual figures and facts as these are...read more
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RE:Thoughts on Parallel's Jan 2015 presentation...

Jesus Bill , you need both hands held.  rate and reply
5 stars

Thoughts on Parallel's Jan 2015 presentation...

All - I've had a chance to review Parallel's January 2015 presentation, and I must say that I'm quite disappointed. The issue isn't the individual figures and facts as these are generally well known...read more