quitethefool

Penn West Energy: Q3 Earnings Review

You'd be a fool to pass up PWE at these ridiculously depressed prices. You get about a 20% return on your investment just on the distribution alone. The company sits on enormous pools of untapped oil and as the price of oil eventually goes up the unit price will go up for a beautiful capital gain. Did you ever hear the expression "too clever by a half?" Don't be so clever that you talk yourself out of a no-brainer.