happy new year tit and to you too vin as well as the other posters
vin didn't you realize at one point that just holding here wasn't going to work.
pgh had quite some swings during its existence, a little action would have gone a long way.
many of the Canadian trusts have performed poorly.
now pgh has a chance to recoup some of its value, but still its at a show me stage and needs to prove itself.
there are no guarantees.
There was no clear-cut sign that a major downturn was coming and when it finally appeared, it was too late. All I can do is just hang on and wait for better times. PGH should be a $10-$15 issue. It's not just this stock, the whole NG production sector is depressed right now. As others have pointed out, Crude is rising again, possibly indicating that industrial production is likewise increasing. If so, NG stocks will eventually go back up.
a little pgh history, created 1988 it sold at 10$ share Canadian. as a hi paying trust it reached 24$.
political regulation forced all trusts to convert to corporations, instead of paying out profits to unit holders, the government collected taxes, reducing distributions to shareholders, the first red flag and problems continued.
I'll mark you as undecided ;),,,, but here is the deal..... all those who were in at the higher price are for the most part long gone it's a New Year and a new ball game. For all those remember, I said if we see 5.25 again it's a gift. Be wise Be wealthy,,,internally and externally