(PVR) Penn Virginia Resource’s coal and gas, were such a tempation, that I forgot I am not supposed to buy stock till the end of the month! June 15, 2006Posted by deminvest in investment.
Let's get down to facts:
1) 50% of US electrity comes from coal. With oil, energy, gas and coal prices going up… It is nice to own a coal company which last year had the luck to buy a natural gas company.
2) I can't easitly resist an Annual Dividend Yield of 5.90%
3) the company is growing very very fast.
Even though yesterday I declared I have to wait next month to buy… I did get 70 PVR at $24,24 each.
It is so hard for us, mindless and herd following proletarian investros to resist when we feel we have spotted a good deal on the stock marke.
Let the force be with us. and with the Street!