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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (4288)3/21/2002 10:56:20 AM
From: Canuck Dave  Read Replies (1) | Respond to of 5144
 
Thanks KC, I'm following it, too.

Might nibble some if it drops under 10 bucks. I kicked myself after buying at 10 and unloading for a quick profit at 10.25 . Such is the trader's life.

Congratulations on finding such an awesome stock in such a crappy market.

CD



To: Cogito Ergo Sum who wrote (4288)3/23/2002 2:27:15 PM
From: Canuck Dave  Read Replies (1) | Respond to of 5144
 
KC, was just going over my posts and noticed I never replied to you.

Technically, AVN.UN is in a classic bull pattern and has come a long way in a short time. It was due for a drop and the "low hanging fruit" has probably been picked for now. It also tracks the price of oil which has been very strong but appears to have peaked.

Long termer, it's a good hold, both for the dividend and as a speculation on oil and gas prices. Summarizing, as a short term trader, I would rate it 50-50, but like it if you want a longer term thing. Good place to park some money. Great yield.

Hope this helps.

CD