Q: Hi Peter and Team,
Artek Exploration experienced unusually high volume today (4mm+ shares). I have been in and out of this stock as a somewhat levered play to increased natural gas prices. I also like the fact that they are somewhat of a "sidecar" to Kelt (KEL) on some of their plays. Do you see the current price (3.60ish/sh) as a fair price to add to my position or would you wait for a pullback? Any idea on why the high volume today and is that cause for concern/optimism?
Also, if you could briefly compare/contrast to Crew Energy (CR), as i'm also considering dipping my toe back into that one.
Many thanks, Peter & Team. Truly, you guys are the best!
Artek Exploration experienced unusually high volume today (4mm+ shares). I have been in and out of this stock as a somewhat levered play to increased natural gas prices. I also like the fact that they are somewhat of a "sidecar" to Kelt (KEL) on some of their plays. Do you see the current price (3.60ish/sh) as a fair price to add to my position or would you wait for a pullback? Any idea on why the high volume today and is that cause for concern/optimism?
Also, if you could briefly compare/contrast to Crew Energy (CR), as i'm also considering dipping my toe back into that one.
Many thanks, Peter & Team. Truly, you guys are the best!