Post by
1condor on Mar 02, 2011 5:28pm
Been watching AVF
This stock has been in a very tight range over the past 4 months trading. Intesting since OIL has skyrocketed. I suppose the tight range is good if you are in it for just the dividend..but I think it will be tough to make any capital gain from this one. Lots of much better opportunities out there.
Comment by
Capharnaum on Mar 03, 2011 12:50pm
The reason it's not moving with oil is because AVF is about 50% oil and 50% natural gas. Since natural gas is weak, it compensates for the increase to oil and leaves the share price at the same level. Q1 2011 should prove interesting and could move the share price higher.
Comment by
1condor on Mar 30, 2011 5:16pm
Just checking back to see how AVF has been doing since I posted. Not suprised to see it has drifted lower (even as NG and OIL rocket higher). Again..like I said before..you will get the dividend on this one, but forget about any capital gain.
Comment by
gwplant on Mar 30, 2011 5:28pm
Sometimes it is all you need when it is over 8% and possibly growing...check back in 3 months..
Comment by
gvixid on Mar 30, 2011 5:31pm
Agreed gwplant,Capital growth would be nice, but for now I'm content to collect my 8%. In the long run, AVF will be worth a lot more than it is now.And to those complaining of the sideways chart, be happy than you bought it at a low price. It won't stay low forever.gvixid