Thanks for the heads up. I believe little if anything from the site you quoted. The trolls for and against any investment make it worthless for me. So I stopped using it about a year ago. That site has been whining and moaning about the AMPL tax problems since 2010.
Re the tax problems, they will have to pay as of the end of August, and the stock prices have gone up. Go figure?!
However thanks to you, I decided to check on AMPL on my Fido site re what the analysts are saying about it.
My favorite analyst group, Zacks downgraded its rating at the end of August and so did others.
At that time I was in the post earthquake status, and this week is the first time I have done any reviewing of any of our etfs or mlps.
I sold all of my AMPL this morning and made a nice profit plus a lot of dividends over the past years. When one is in their mid 70’s, dividends are very/very important.
At this time I’m looking at buying Fido’s energy ETF, FENY. Also, at this time Zacks and others are giving FENY good ratings. When I got into AMPL, they were panning FENY and pushing AMPL. Times and conditions can change radically, which is why the old buying and holding stock/etf/funds forever, only makes the sellers wealthy and happy.
Thanks again for the heads up. I will ask the admin mod to remove my reply recommending AMPL.
I wouldn't bother, the info is there for any that want to research and make investment.