Parallel Energy Trust T.PLT.DB

RE: RE: any buying of plt.un...

[themangokid]

daylight had had critical mass to keep a buyout as the ace in their sleeve.  petrobakken had assets they sold.  plt.un doesn't benefit from those luxuries.

 

if the market does correct plt.un will get smoked even more.  they've used up most of their wiggle room on their bank lines.  if you own plt, then fine.  however, in my mind it doesn't make any sense to continually buy a stock with limited financial flexibility when blue chips names go on sale.

 

I'm eagerly looking forward to the quarterly report to see what they guide for the future.