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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I hold some shares of PGF from before oil tanked and am down 25% now after its been recovering a little in the last few months. They have a ton of debt and I have only continued to hold the stock because it has been recovering with the price of oil. I don't plan to hold this stock for the long term but I felt I could make some of my money back, which has worked so far.But Seeking Alpha released a negative report today stating it will likely not meet all its debt obligations and suggesting maybe a reverse stock split could have to happen. Do you think I should get out of PGF now?
Read Answer Asked by Adam on December 23, 2016
Q: With the price of so many energy stocks beaten down, does it make sense to swap a stock like PGF for something like Surge SGY in the hope that SGY will recover a lot faster than PGF when and if some stability returns to the oil market? If it does make sense, is there one time that would likely be better than another to make the transaction? ie. before tax-loss selling season ends or after? Thanks.
Read Answer Asked by David on December 16, 2014
Q: My question is on PGF. On June 24th they had a press release that had a headlined Pengrowth Energy Corp. (PGH) Increases Value of 2P Reserves at Lindbergh to $2.2B Their Lindbergh project should be complete first quarter 2015. From what I read in this press release...its pretty good news and I would anticipate that the stock price should have a very good turn to the upside in 2015. However I am no expert and would value your opinion. Thanks

Jimmy
Read Answer Asked by Jimmy on July 15, 2014