RE:RE:RE:RE:RE:Earnings Friday May 6 Before Market OpenLOL. I am a VET bagholder although still in the green at this shareprice level. I don't think VET shareholders are too worried. Oil is still over $100 a barrel, North American NG is $7/mmbtus and European NG is $95/GJ. VET is another O&G E&P that is printing money only they are doing it all over the world including Europe. They report earnings on Thusday and I won't be surprised to see them head over $30 a share after they report. If I was smart I would be buying into this but I hate averaging up.
There are a few bargains to be had right now especailly if you think the price of oil is not going down and demand is only going up. ENB is one of them.
Go Enbridge! ;-)
FiddyFiddyOddzz wrote: Could be worse, you could be a VET bag holder. Might be a few of those shareholders today heading to Home Depot for some nylon rope strong enough to support their weight from the garage rafters...
Quin wrote:"Yeah that puts the yield back above 6%. I wonder if there will be any kind of rally before the ex-div?
It is tough to pull a better yield without getting too speculative.
I guess it will depend on how scared the market gets.
I am feeling pretty safe with my divvy and my ENB.
Go Enbridge! ;-)"