TSX:ONR.UN - Post by User
Comment by
nijinsky70on Sep 22, 2011 3:28pm
299 Views
Post# 19073359
RE: RE: Well anyone bought more?
RE: RE: Well anyone bought more?Well it's tough to get more ONR without selling something esle first. I just can't bring myself to do that yet and eat all that loss.
If I'm right what is $9 now can easily double in two months' time. Poseidon could be worth as much as $14 and Newco $4. Look at it this way, the market now really craves dividend yeilding stocks. At $14 Poseidon would yield 7.7%. The average TSX high yield blue chips yield about 4%. Poseidon is deem to be a high risk hence the 7.7%. The old natural gas producer has to be worth about $4.
There's your $18 in about two month's time. I'll hold off for today and if the same chance present themselves tomorrow I'll load up.