Inter Pipeline Fund a buy
With the 5.6% yield and the strong business case I would be a buyer until we see a change in direction
With the 5.6% yield and the strong business case I would be a buyer until we see a change in direction
At the moment I would not be a buyer until the MACD and RSI indicated a shift away from the selling pressure that has been hanging over the stock for five weeks.
Good morning, I have owned Penn West since 1999. It is down to almost a third of the price it was at its peak in 2006. They have also decreased their dividend from 34 cents to 9 cents during that time. Do you think I should hang on awhile longer or sell and take [...]
With all the good news already baked in to the stock you would be well advised to be patient for a while longer.
Monitor the MACD and RSI for signals that the momentum has shifted and investors are willing to step up to the plate with a buy order.
Hi Lou, I recently purchased Western Energy…..WRG after hearing good things about the stock on television. I understand that the people behind the stock were with Precision Drilling, they have top notch drilling equipment and labour and are operating close to capacity. It all sounded so good and the recent earnings are healthy. The stock is falling [...]
With the MACD turning lower it seems that the shares are going to give up some ground and provide a better entry point.