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Enerplus Corporation Message Board

  • philippians4and13 philippians4and13 Oct 18, 2005 2:06 PM Flag

    Forbes' Lehmann recommends ERF

    Nice article in the paper version of Forbes magazine, 10/17/05, by Richard Lehmann, noted income investment advisor and newsletter author. He sees o/g as higher than average for a long time. He recommends 4 Canroys, including ERF.

    Also, investment advisor David Dreman in the same magazine sees o/g as higher than average for a long time. He notes that during OPEC spike there was significant production capacity to spare. Now there isn't. Dreman doesn't recommend any o/g stocks in the Forbes issue, but states the higher energy prices make it unwise to hold long-term bonds. In my view, Dreman's comments thus are not anti-Canroy and arguably are pro-Canroy.

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    • Why own it if it is going to be taxed into oblivion creating a lousy ROI ?? I say sell it on any spike as the only thing people are buying is news. Buy it back when the price settles down to reflect crappy net returns.

      The price of o/g will probably make it more stable, less risky, but definatley not worth these prices. Would you pay $50 for a newspaper ???

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