Thanks for your comments. They are probably the best I've ever seen on a chat board. Please continue to comment as you have a new fan...I have owned AB for years and will continue to do so. Money management is not going away, and they make money hand over fist. Nice divy to boot.
EDV made 3.91 Canadian last fiscal year and sells for 9.08 Canadian, paying a dividend of .18 Canadian. Ridiculous. Like Jim Rogers, says-look for situations where there is money piled up in a corner and all you have to do is go over and pick it up. Yield is higher than I thought.
Long term we should be OK. Short term, not sure. Even though they beat the 3rd qtr # but by cutting the full year estimate could signal a sell in the street. Interestingly, TROW Price rel their # yesterday and even though they only meet the street # but remain committed to their year end # and their stock shoot up 6% yesterday and another 1% today. My prediction is tomorrow will be a down day for AB.