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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by rythmanon Sep 03, 2009 2:11pm
236 Views
Post# 16275617

It might not be a bad buy in here..

It might not be a bad buy in here..Consider this, you are able to get more units at $4.80. over the next year you will receive .80 distribution. Even if it goes to $4.00 as Haveland suggests you will breakeven. Not much downside risk from here IMHO. I still think it is tax loss selling, and it will probably hold the price down for the next three quarters. In fact your money most probably could be put to better work elsewhere, and that is what the sellers are thinking. I myself use the YLO.UN income for my margin expense into other sectors of which I have substantial capital gains. Even if I take a capital loss on YLO.UN I have more than made up for it elsewhere. Thats called a hedge. cheers rythman
Bullboard Posts