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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Comment by Al42on Oct 04, 2012 6:03am
161 Views
Post# 20445952

RE: back of the napkin comparative valuation

RE: back of the napkin comparative valuation

You're right and I did sell half my position in PLT a few months ago to buy BNP when it was around $16.5.

Safer investment,larger company with longer track record and hopefully safer dividend?

But stupid me, I've been adding back to PLT lately to average down.

Should have waited for it to settle down. I'll see what happens over the next few days and hopefully hear something positive from Management. If nothing positive comes up in the next few days I'm thinking I'll cut my losses on this. I'm still holding the bag on AVF and don't need another one of these dogs to look at every day.

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