Cramer panned PWE and all Canadian oil trusts because their accounting was different than we have in the US. He even said talk to an account before purchasing. Anyone know what he was talking about?
There is one thing that can be said about Cramer... He is a douche bag and only lemmings follow him.
Yes, it is different: it is honest.
Failure to provide verification to the Canadian Revenue Agency
result in withholding on all distributions paid on or after Jan. 1, 2012,
at 25 % as opposed to the 15 percent “tax treaty” rate.
The real question is, does anyone CARE what he was talking about?
Sentiment: Strong Sell
get real. he is widely followed.