RE: RE: Congratulations !jjeerryy, the market over reacted to the income trust taxation announcement. Anyone who sold shortly after that paid the price. Virtually every solid trust that converted is now worth significantly more than before the announcement and has continued to pay out dividends at the same levels (some on an after tax equivalent basis).
Yes, it took people by surprise. But they had to do what they had to do to stop the tax losses. In most cases if you had hung on, you would have been in the money today.
Cheers.