STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

RE:Well this is just plain Fu*ked up!

[jammo71]

If you sold after the sell-off, you may have gotten screwed, but it would be the kind you do to yourself.

It apears that Canadian income investors don't want to worry about the currency fluctuations, which I get.

However, the US denominated dividend should appeal to the US income investor, of which there are a vastly larger number.

So, assuming the business remains sound (which it appears to be, given the Oregon news), then my guess is we'll see a fairly sharp recovery once Canadians realize the vlaue is still there and once US investors hop on board.

Call it a turd all you want, a steady business yielding 8+% will suit me just fine.