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WLL.UN .42 per unit distribution gives 25% yield Wellco Energy Trust bottom fihing

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By Paul

Posted: Friday Dec 21 8:04:40AM 2007

I was disappointed that they took advantage of the merger as an excuse to cut their distribution completely. They are talking more about growth now. Growth is great but I thought that an income trust was also supposed to provide income. Sold yesterday for a quick short term profit since the situation appears to have change significantly.

By murrayn

Posted: Tuesday Dec 11 7:50:59AM 2007

Thanks for the heads up on this one nickel. Bought 15,000 yesterday.

By bubba

Posted: Monday Dec 10 2:00:47PM 2007

would it be better to buy now or wait until they cut distributions again?

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