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To: taxcontrol
Why in the world would someone -- ANYONE -- buy 144A securities.

Good grief. Buy Permian Basin Trust (PBT: NYSE, paying 1.81 annually -- TRAILING royalties on a 24.10 dollar close) or PennWest, (PWE: NYSE, paying $4.00 annually -- TRAILING royalties on a 33.76 dollar close).

Yes, energy likely will fall at some point. Not while the Regress keep blocking production, though. 144A stuff? Jay-ZUS!

3 posted on 05/27/2008 7:57:19 PM PDT by SAJ
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To: SAJ

Why would anyone buy penny stocks either? This particular company has a proven product. I see potential here, and want to invest. You don’t have to. But I want the freedom to do so.


4 posted on 05/27/2008 8:05:55 PM PDT by mukraker
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