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Sunday, February 11, 2007

Penn West Energy Trust

I was listening to this weeks radio show at financial sense and there was a short interview with Zapata George who is a real energy bull. He is recommending Penn West Energy Trust (PWT.UN-T PWE-NYSE) in spite of the Canadian Government's "trust tax".

Financial sense newshour has a large following and I expect that we will see a bump in the price of Penn West on Monday morning.

I all-ready own Penn West but I am delaying adding to my position until I see where the price of oil and gas settle down to in the coming shoulder season.

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