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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (83575)9/12/2000 5:30:34 PM
From: Tommaso  Read Replies (1) of 132070
 
There may be a lot more fancy money to be made on energy stocks, but I think I may have more or less figured out a play that combines downside safety with a (barely) possible double in a few months. HGT has not been moving much, and I think it's because there is a nearly 3-month delay in paying out monthly income from the gas properties. There is also a 2-month delay in reporting figures on quarterly reports. So the stock has a little catching up to do. There are also tax benefits, but this time I am not after these because all you do is reduce your basis. But that feature might attract some other investors.

Message 14371633

But caveat emptor, as they used to say in the Merrill Lynch office in Rome back in 300 A. D.
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