Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (24888)	11/3/2002 3:01:40 AM
From: energyplay	Read Replies (1) of 74559

Hi Jay - Where did the list come from ? I am getting some information that NCN may not be as good as ERF. There is another Canadian NG Trust that expect to list on the NYSE in additon to to Toronto in middle November - PWI- PWI.to and PWIUF for a US dollar quote through Schwab or Fidelity. Listing on the NYSE tends to improve the price - by 5-10 % - some times a two week 'pop' , other times it may take a year for the efficent market to reach pricing parity. FPL is Florida Power and Light, which has nuke plants. You may prefer TECO, Tampa Electric, whic has been knocked down because of a small association with Enron. NYSE: TE. Price is about $15, wtih a $1.42 dividend. Looks like it bottomed. A lower risk way to play this would be to buy options at 15 - try TEBC at around $1.40 If the stock craters, you are out the option price. If it soars, you are in on a reduced cost basis and can hold it with the dividend for a while so you can get long term cap gains, plus more appreciation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next