OTCPK:IVWFF - Post by User
Post by
99921on Mar 19, 2004 11:23am
148 Views
Post# 7235635
Food for Thought
Food for ThoughtA couple of random thoughts. The mention of TransCanada is appropriate. If you check it
out you will find you could have made about 150% on your money over the past few years
while receiving a dividend in the 8% range. That is based on the supposition that you
purchased the stock when the rest of the world was bailing out because the company had
been badly managed, had taken over Nova rather clumsily and had cut their dividend. The
smart money was betting they could overcome their problems and create value.
In the case of IVW it could well turn out that smart management, given some time and
patience, will create real value as well. The posters who are currently quite negative
should answer one simple question - what is it that the major brokerage firms see in IVW
that has encouraged them to invest their time and money? Perhaps the posters have dealt
with that question but I don't remember the answer they gave us. Perhaps they could
repeat it.