DD everything about PWT will centre on earnings. If theres an earnings surprise, decent updated reserves and improvements in netbacks due to managing costs better, it could rally.
I find Eric nuttall to obe offensive and a joke. He is a VERY SHORT TERM TRADER and uses his bully pulpit on BNN to trump his picks. When he says hes a buyer I am convinced he is a seller and vice versa. I am of the opinion he is out of CPG and in PWT with both hands. Volume has been thin lately and I tihnk he is trashing it to load up on it. If earnings surprise he will say he got in on it RIGHT after earnings . IF HE CAN KEEP HIS STORIES STRAIGHT. If people thoguht Jean Chretien talked out of both sides of his mouth, this guy can talk 100 times out of his orifice. Why , because he simply is an ORIFICE.
I am watching this with great interest. I have a small position in the stock at break even and mucho 11 dollar September calls. We shall see in a few days if we tread lower or march upwards.