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Compiling comments that experts make about stocks while on public TV.

2017-01-09

Opinion for Pengrowth Energy (PGF-T)

Signal Price Bias Subject Owned
TOP PICK $1.860 BEAR on OIL OIL & GAS No

They had to find a way to survive after the government changed the rules for royalty trusts.  They did a good job of focusing on getting long term assets.  They aim to sell their non-core assets.  When you get to the fourth quarter their balance sheet will be repaired and they could be a $3 stock in 2018.  It will be a table pounding buy very shortly.  (Analysts’ Target Price: $2.01).

Josef Schachter
President, Schachter Asset Management

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