OTCPK:VGIPF - Post by User
Comment by
Indicatoron Feb 18, 2013 10:15am
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Post# 21005349
Your caution is misplaced !
Your caution is misplaced !
While caution is always warranted when acting on pundits commments . . .
PSN was never a "Top Pick" of Nuttals' - Nuttal's PSN comments were as follows:
PSN - 2012-01-24 DON'T BUY
Valuation is getting a little rich. Take up on their tanks has been unbelievable. He thinks they only have a 5% market share at this point. Companies are on 3 year contracts to buy the tanks. Dividend safe for at least a year. Would prefer fracturing company.
A lot of the pundits were taken in far worse than Nuttal was.
Jason Donville even bought more PSN in the mid $2.'s
A Partial PSN sucker list:
- - - - - -
The PSN angel LIST:
| 2012-07-11 | DON'T BUY | James Hodgins | This is the type of company where retail investors can get hurt quite badly. Carries a high dividend. With its current margin structure, it can support the dividend. However the barriers for entry of their tanks by competition are not large. There will be a lot of competition. Also with his views on energy, the dividend will not be sustainable. He is looking at Shorting this one. |