PGH...could you please look at

    Posted by smoothy on 14th of Mar 2013 at 11:46 am

    PGH...could you please look at the chart? It is a Canadian oily that pays a gigantic dividend and just reported previously unreported reserves. Huge inside buying also.

    Thanks,

    Doug

    PGH

    Posted by steve on 14th of Mar 2013 at 12:43 pm

    smoothy..it's had a nice move and now trying to flag (waiting for 9 EMA to catch up to price).

    Thanks Steve...I thought some other

    Posted by smoothy on 14th of Mar 2013 at 01:31 pm

    Thanks Steve...I thought some other members might be interested in a 9% divy plus the chance for cap appreciation

    they probably will cut it

    Posted by garcia12 on 14th of Mar 2013 at 01:32 pm

    Not sure why you would

    Posted by smoothy on 14th of Mar 2013 at 02:54 pm

    Not sure why you would say this but would appreciate information if you have it. As an MLP although 9% is high it is not that much higher then median. The percentage will come down as the price recovers but to cut it is another matter. Since they are required to payout according to earning, earnings would have to drop to initiate a div cut right?

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!