GREY:PEYTF - Post by User
Post by
Chiguon May 28, 2012 10:41am
280 Views
Post# 19952236
Hold or dump?
Hold or dump? I hold about 400+ shares in this stock at an acb of about $7.50. Seems like the acquisition will be highly accretive, and will also lower their payout ratio. I know that they missed their Q1 production targets, but is there any upside to this stock? I love the yield, and plan to hold it but the percentage loss right now is greater than the yield. I do hold this in a registered account (TFSA) so dont' have to worry about being taxed on the distributions.
Are people just waiting to see the Q2 results before buying or dumping?