He touts, bashes and then claims giant wins and never has anything positive about any stock for more than a couple of days.
Although PGH has lowered its dividend, he ignores the fact it has paid one for more than 20 years.
Long PGH. Wouldn't buy more now / wait & see. But...WTI had a bearish crossover in Dec. Perhapss a fake out, but tanking today. PGH now accelerating a bit lower, farther under 50dma. MACD looks a bit bearish too. I'd look more to the overall commodity markets than to the equity market for direction, not exactly bullish. That said, first day of trading in 2014, so who knows?
Your right, it's not just this one issue. #2 management is a bunch of deadbeats who don't care about there investors, #3 they have cut the divvy over and over, thus cutting shareholders throats so they can keep up the outrageous salaries, #4 investors know this Co. is a joke run by a bunch of cornballs who's only interest is to line there own pockets, that's why the pps won't go up, investors with money know better than to put in PGH. #5 The Canadian Gov. take about 25% of the tiny divvy, thus the real distribution is only about 0.03 per month. The list goes on and on, this stock fell from $25. per share to under #4. for many reasons, none of which has been corrected by management. Pump it all you like, but the numbers tell the story.