Pengrowth Energy Trust (PGH)

[Sparks111111]

I'm as confused as you are, but it's usually the easiest explanation that's the correct one, he owns enough now to block an aggressive takeover, (25% ownership) end game looks like wait for oil to recover, get the stock up to ~$3 then sell the company for a nice 300% gain.

This is a 3-5 year play IMO, not my style too long term, I'm more of a short term investor 3-6 months max.

I do however hold a heavy bag of shares I bought last year for $1.75/share CAD. So I'm not stuck in a long term investment. I will however sell immediately if it hits $2.50