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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF

Energy Oil & Gas E&P


GREY:PEYTF - Post by User

Parallel Energy Trust > Yield 400% now
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Comment by FSComeauon Dec 23, 2014 2:51pm
137 Views
Post# 23260707

RE:Yield 400% now

RE:Yield 400% now

Al42 wrote:
This is freakig crazy...40% yield after they just cut it in half!!
Something not looking right here.


At this point, buying PLT is basically a gamble that oil is going back above $80 within 3 months, which seems incredibly less and less likely.
 

If it does, then you just invested in a stock that will pay you a 40% return on your original investment for the rest of your life.

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