AvenEx Energy Corp AVNDF

This one just entered the "do not add to list"

[gwplant]

Will keep my initial position but no way on God's green earth am I adding to it, considering how low the payout ratio presently is the company is saying loud and clear how bad 2012 will be if they are cutting the dividend at this stage.  Wouldn't touch this thing in 2012 if I was spending your money, looks like alot of skeletons due to come out of the closet.  Good luck to the heros out there that are going to take a shot here...I am done on this name until all is made public.

[RIG500]

they're only skeletons if you believe the 2% pie in the sky data that was being circulated. In order to keep the dividend payout ratio at 60%, they have to cut the divvy by 20% since they expect their income to fall 20% because of natural gas prices. That simple...

[gwplant]

Ok if you say so, therefore I will now take the word of some annonymous stockhouse poster as gold and therefore change my stance and will be putting 100% of my portfolio into a company that has had a dividend cut. Get real... I am being prudent and I gave up gambling in the stock market and if you are a buyer today, tomorrow or even within the next few months that is all you are doing is gambling

[themangokid]

yeah, but that data was being circulated by a fund manager who received that info from the ceo of the company.  I can understand all arguments with regards to buying, holding or selling their position but there was something lost in the translation in what the ceo told BC and how BC relayed that info.  It could have been all a simple misunderstanding but tough to argue that this

[sumdim]

"AvenEx remains committed to paying a sustainable monthly dividend." Ok, that would be good. I agree, I wouldn't touch anymore of this. The financials did not dictate a cut IF they are properly disclosed.  If you think nat gas prices are going to hurt the future results wouldn't you take some other course,such as say cut some costs, increase production, or maybe sell forward

[gwplant]

" "AvenEx remains committed to paying a sustainable monthly dividend." Ok, that would be good. I agree, I wouldn't touch anymore of this. The financials did not dictate a cut IF they are properly disclosed.  If you think nat gas prices are going to hurt the future results wouldn't you take some other course,such as say cut some costs, increase production, or maybe sell