Stocks to Buy Before the Oil Bubble Bursts [View article]
Jack,
Given your analysis that PWE will continue to enjoy a huge upside in profitability into 2009, even if oil does pull back to the 120's - Are you still confident that the trust unit price will move north of 40? I am specifically concerned about the context of the market being negative or strongly bearish. My only concern about the upside price for PWE is that it is possible (perhaps not entirely probable) that a strong financial report gets ignored by investors who are pulling money out of oil in general.
Stocks to Buy Before the Oil Bubble Bursts [View article]
Given your analysis that PWE will continue to enjoy a huge upside in profitability into 2009, even if oil does pull back to the 120's - Are you still confident that the trust unit price will move north of 40? I am specifically concerned about the context of the market being negative or strongly bearish. My only concern about the upside price for PWE is that it is possible (perhaps not entirely probable) that a strong financial report gets ignored by investors who are pulling money out of oil in general.