Posted by jcomptonod on 16th of Feb 2009 at 11:46 am
Doc O and others are the experts on these. I think any 40% yield
is at risk. The real question should be can you profit from
them short term or anyway.
Posted by highnote on 16th of Feb 2009 at 02:20 pm
I own 4 of the different Canadian gas & oil trusts including
HTE, AAV, PWE and PVX. They have provided a nice income but
not only is their stock price down, most have cut their
dividend price (some of them more than once). They are paying
good rates of return and I would imagine that one of these
days the stock price will go up when oil goes back up. Maybe
they are close to their bottoms but it looks like oil will be weak
in 2009. AAV is more a play on Natural Gas - that keeps
falling too! Today nat gas is down another 1%!!
Patience, Rap
Canadian Oil Trusts
Posted by jcomptonod on 16th of Feb 2009 at 11:46 am
Doc O and others are the experts on these. I think any 40% yield is at risk. The real question should be can you profit from them short term or anyway.
Canadian Oil Stocks
Posted by rap555 on 16th of Feb 2009 at 12:28 pm
Sorry about the double posting - guess I hit the button twice.
I own 4 of the
Posted by highnote on 16th of Feb 2009 at 02:20 pm
I own 4 of the different Canadian gas & oil trusts including HTE, AAV, PWE and PVX. They have provided a nice income but not only is their stock price down, most have cut their dividend price (some of them more than once). They are paying good rates of return and I would imagine that one of these days the stock price will go up when oil goes back up. Maybe they are close to their bottoms but it looks like oil will be weak in 2009. AAV is more a play on Natural Gas - that keeps falling too! Today nat gas is down another 1%!!
I'd wait until the triangle
Posted by dylan398 on 16th of Feb 2009 at 12:32 pm
I'd wait until the triangle we're in resolves on way or another...I have a feeling we're in for a BIG move
what does your gut tell
Posted by amp43679 on 16th of Feb 2009 at 03:10 pm
what does your gut tell you? break up or down.
yeah, i liked that one
Posted by amp43679 on 16th of Feb 2009 at 03:32 pm
yeah, i liked that one too.![Laughing Laughing](http://breakpointtrades.com/tinymce/plugins/emotions/img/smiley-laughing.gif)