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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Yellow Media Inc
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Comment by Canonballon May 20, 2011 8:40pm
430 Views
Post# 18609827

RE: RE: RE: RE: Take over??

RE: RE: RE: RE: Take over??GeneMan thank you for correcting the spelling on my recent  post - the PMT.T   stock I was referring to is 

PERPETUAL ENERGY INC - PMT:TSX and another example is

CANADIAN OIL SANDS LIMITED - COS:TSX both suffered after cutting distributions.  And there are more examples - If YLO can keep the distribution... and they have stated they can - IT WON'T harm the stock price period. 

As for interest in short term gains making over 1200.00 a month Is fine to me until I find something better - but on top of the Dividend I am making money on my Covered Calls.

In short, you should be making money on any stock - three ways (1) Dividend, (2) Covered Calls and (3) Stock Price Appreciation ...not just one!! 

Cheers - so  please no more debate on cutting of  the dividend it helps no one. YLO will eventually go back around 6.00 to 6.50 by years end... if not taken out first.




 

 

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