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Compiling comments that experts make about stocks while on public TV.

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2013-02-06

Opinion for Crescent Point Energy Corp (CPG-T)

Signal Price Bias Subject Owned
WATCH $39.280 CAUTIOUSLY OPTIMISTIC CANADIAN LARGE Yes

Trading at 42X current earnings. If he were to see it go a few dollars over $40 again, he would be tempted to take profits. What bothers him is that they don’t earn their dividend. In order to pay for it, they really depend upon a huge uptake in their DRIP plan where shareholders are diluting themselves to get the yield. Extremely good land position but have been issuing equity to purchase this.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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