Turn on CNBC at 11:00 PM tonight to hear Jim Cramer opine on U.S. Enrgy Trusts vs. Canroys.
Yes, you're right. I meant tax credit. Anyhow, the bottom line is whatever the Canadian Govt takes from you, you can claim that on your tax return.
Cramer liked US trusts over Canadian because of the government taxes.But he did mention that US trusts cannot grow other than thru price of oil where PWE can and has grown thru mergers and buyouts.I like PWE's growth potential and stock price range over US trusts.
2011 is so far away. In the mean time, i'll buy more if it goes down and collect the dividends which is way better than the US trusts.
this morning. Also Suncor and Petro-Canada upgraded to buy/
Quikpic- Do you have a link for the upgrade? Thanks
lol I remember when he was pumping ENT 2 days right before the halloween massacre. Was holding 2000 shares, he gave me a chance to dump them at a profit. Thank you Cramer.
I was looking to add some more at the end of feb. now the crammer lemmings should let me add more tomorrow. thank you crammer.
That's 11:00 PM, ET
Likes US trust PBT better.