Post by
ManitobaCanuck on Nov 09, 2022 9:46pm
Stake
I hold 200k stocks of ERE.UN now at 2.8$ paying out almost 6% div yield ( 0.2% of the float) . Waiting for appreciation long term to 5$ in next 4yrs and will enjoy 5% divvy in the meanwhile .
I had purchased 1.1 million Athabasca Oil previously at 14 cents in 2020 and sold 500k of my holding at approx 2.95$ . Paid my taxes and put in chunk in ERE.UN .
This is what I call a SWAN stock ( Sleep Well at Night) Stock with NAV of 5.47$ . NAV will increase if Europe recovers and Euro increases vs CAD . Right now Euro is down 20% vs CAD , so additional gains if Europe sees recovery . Till then . Sleep Well at Night and enjoy the 2.5k$ monthly dividend
Comment by
Shylock40 on Nov 17, 2022 11:03am
Just bought my first shares on this one, holding dry powder to purchase more under $2.9. Smart money buys the lows, and this one is a screaming opportunity... Best of Luck to All!
Comment by
Shylock40 on Nov 18, 2022 8:19pm
Could not wait for $2.90... Bought another 1k today... honestly, the catalysts are hard to ignore over the medium term... Best of Luck to All!
Comment by
ManitobaCanuck on Nov 24, 2022 4:58pm
100k MADE IN LAST 4 WEEKS . LIFE IS GOOD .SEE QUOTE BELOW