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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Comment by petersterncanon Oct 04, 2012 10:53am
114 Views
Post# 20447076

RE: RE: RE: NorthSun

RE: RE: RE: NorthSun

"You will have to excuse NorthSun, as he just lost 20% of his investment in PLT in just one week."

 

Well Bakken,  I'm not exactly overjoyed with my calls either... but the way I look at it is I made the call and I won't always be right.  I'm a big boy and I can take my lumps.  But on the bright side, I'm gonna sit back and enjoy having a 20+% dividend payout.

And the concern for a dividend cut and what it would do to the share price is definitely valid.  I personally believe it won't come to that... though I could be wrong.

One other thing... some have said management should make a statement about the share price. 

I disagree.

I think the recent insider buying is enough of a statement and nothing more needs to be said.

Actions speak louder than words.

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