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NOWHEREMAN's
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when does it become a buy then? You have all of these compelling reasons but do not recommend it.
Oct 06 08:40 am
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All Comments by NOWHEREMAN »Canadian Oil Sands Looks Attractive Despite Near Term Risk [View article]
Why bother to bring it to my attention if you neither own nor recommend its purchase? At what level would you buy it?
IMHO, when the yield approaches 20%, I would consider its purchase, not before. There are enough trusts already yielding that much for me to bother with a stock that yields 11% and which may suspend the entire dividend when the CanRoy Law becomes effective in 2011 suspending their current status.