this is just my opinion sandman, take it as that please :)
given the current situation including economic turmoil and market in general as well as keeping in mind what updv would like to have its subs do, my feeling is this.
HTOG is the better play in the present settings with updv as the parent being a good play in the immediate future.
Currently im playing both but on a 10/1 ratio htog over updv.
UPDV made it pretty clear that they wanted thier subs micro manage themselves with updv being there to help as necessary but really they just want them to be independant.
that sets updv up for a monetary cash flow over a long period of time with little need for spending into those subs nor any additional cash for micro managing those subs.
in a normal environment you play the parent over the sub, but here is unique in the fact that its early the subs growth so updv as is showing in PPS is suffering from that currently. HTOG is just now turning the corner of growth and black ink on the bottom line which will trickle up to the parent but that monetary trickle is just starting.
one major thing that is still existing for updv is ... are the done buying or still looking. If they are still looking at buying they will have to pick up additional debt which will hold PPS at a stand until each of those subs + any new subs start bringing in enough cash to support a black bottom.
eventually i believe i will reverse positions (once HTOG's growth slows or steadies) but i believe that will be about a year from now.
also there are still some outstanding questions to updv that need to be proven to me. one being, do they even care about the investor or do they only want the investors $$
to sum it up , HTOG now, updv small play now and large investment later so long as HTOG continues growth and updv shows interest in its investors.
happy trading
AI
