Bear....I can't say that I know better than you or anyone.....buy, I think PWI is a good shot.....it has less than 100million shs O/s.....last year it was trading at $30.....I would guess that it's decline in prce is largely due to the rise in oil prices......
It's a holding company as opposed to an exploration company....less financial risks.....
It pays dividends.....has bonds in float....it can be arbitraged (sometimes, that can be good for the PPS).....and, it's on the NYSE & Toronto exchanges (not too shabby!!!)....
with the volitility in the marketplace because of oil prices (which are declining slightly).....(and, the mess our financial markets are in).....I think you have a good shot at making a couple of bucks.....who knows, as Sept & Oct approach, I think you'll find the price of a barrel of crude will fall more.....so, we might expect oil and energy stocks to spike slightly upward.....good luck !! :)
