RE:RE:RE:RE:RE:RE:ENB & BoardSearching foir an appropriate response Probhat?
Why not go with NUNYA or GFY?
Either work here.
FiddyFiddy wrote: PRABHAT - So if ENB is yielding a tax adjust 8 % did you buy more on margin when the share price dropped below fiddy ?
Have you forgotton when on Aug 31st you wrote: "When goes down to $50 I willl buy more on margin because the dividend will cover the margin cost easily and there is potential for up side."
Prabhat wrote:"One cannot catch the bottom but if it touches low of the year $46 then dividend is above 7% and with 40% dividend tax credit this becomes equivalent to about 8.00%. So where you can get 8% in GIC's?
If you can stomach the votality then it is a bargain at that price. Eventually share price will bounce back.
My opinion only."