• tippycanoes
    Anyone scared out of ERF yet. I havent jumped in. Been legging in PGH. Should i start into ERF?
    5/16/12
    Reply (7)
    • blablah: Will stay away at this time, I got burned bad. Talks about dividend cut/stoppage is pummeling it
      5/16/12
    • Mercy Jimenez: When I think I might do partial add; it drops more. I'll wait until it settles -- even if I pay >pps; some doubt $$ amt of asset sale plan.
      5/16/12
    • skyraider: blablah, can you point me to some info on discussion of pgh dividend being cut or dropped? I can't find any reliable source. thanks
      5/16/12
    • Mercy Jimenez: Skyraider, NOT seeing PGH div cut; CEO pledged dividend at risk ONLY if gas < CAD1.50 per MMBtu + stays there for most of 1 year; Long PGH
      5/16/12
    • Mercy Jimenez: PGH=payout ratio 67%+ 3.5 yr. unused cred CAD943 million; + production tilt toward liquids production -- listen to earnings release.
      5/16/12
    • blablah: I was talking abt ERF
      5/16/12
    • MayorMcFudge: I am long ERF, just found this article saying 3.50$ is the magic price for nat gas for ERF to feel "comfortable" http://tinyurl.com/82n9b9o
      5/18/12