Wednesday, December 05, 2007

Tremedous Temptations...

Once Upon A Time...

There was a trust whose product was Black Gold,

and in the land a tax man ruled 'til their Gold was sure to fold...

So, the value of their gold all told has traditionally been that of what's been sold...

But now with this tax man lining his eyes with gold scrapings of the pie, a new value structure may emerge based on what reserves have been discovered yet still lie in the ground cold...oceans of "Black Sky"

I am guessing here - but with a %14 dividend, very low risk growth potential at this price level, and regular monthly dividend payout schedule - I would have to call Canada's Provident Energy Trust a Buy now that it is trading around $10..

PVX (not to confuse ..hehe.. the opposite of this stock is DSTI and may be a HUGE WINNER in the Phenomenal Growth Department)

Thinking of buying? Consider:
1. consider buying half your shares at first and the other half after you lose some
2. use a broker that offers dividend reinvestment free for any stock - Etrade etc...
3. Blame Canada when you lose money...!

PVX LM ~=~ 10.51