Date updated:11-15-2006
This is based on Jon Oggs post at 247WallSt.Blogspot.com.
Cramer on MAD MONEY said you can now BUY the Canadian oil trusts after they took a huge beating from the Canadian tax changes.
The Canadians allowed all TRUST shares to pass on a dividend TAX FREE, but the breaking of a campaign promise not to tax these trust as corporations was made. In 4 years there will be 35% of the dividends shaved off for Canadian taxes. He said the trusts fell 10% to 30% immediately on the news, which you know if you follow them.
He said the bounce started today and it will continue, but you are also getting a call option for essentially free that the new Candian legislation will be stopped or changed.
Here are his TOP 5 PICKS for Candian Trusts.
- Jim Cramer Canadian Trusts's Blog
- No Blogs Found
- Top Professional Portfolios
- 1. Navellier & Associ...
- 2. Fidelity Contrafund - ...
- 3. Argus Management
- 4. Charlie Munger
- 5. Calamos Advisors
- show all
- Top Do-It-Yourself Portfolios
- » John Shier
- » Joy
- » tsamanuli Portfolio 1
- » Albo's First Portfolio
- » Fundsonly Portfolio 1
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- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
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A. The only one I own : SLX,
too hard pick a winner out all of them
Here are some stocks that moved up on unusual volume on Nov. 2, 2009. more
These are some of the stocks mentioned on TheStreet.com TV on Sept. 2. Click the URL below each stock to watch the videos. more
Here is the stock list of some of the largest % losers from Nov. 2, 2009. more












11/08/2007 17:08 PM CST Asked by REDSOXFAN
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