HT5

Penn West Energy Trust: An Underappreciated Gem

I got in just a couple of months before the Halloween Tax announcement. After it dropped 30% market price on OCT 31, 2006 and further in the following months, I decided to wait it out and hope it regained. Eventually some of the Canroys actually did recovered market price. Meanwhile I've been drawing the dividend like clockwork every month. I'm still down 11% on the market price, so hope you are correct that we may see an up move in the price. Having a portion of my portfolio gaining a 13% dividend is better than having the money in a 3% money market. Sometimes I get the urge to sell it to free up some money for more aggressive investments. Your article gives me hope to make a decent profit if the price ticks upwards by chance. Guess I'll have to selll some of my slow moving stock like TM or CAT and buy all the V and aapl that I can get my hands on.

thanks, HT