Text (FE+errata): 1/1. ; {U}{U},{Tap}: Target creature gains shroud until end of turn. Activate this ability only during your upkeep. [Oracle 2009/07/08]
Does not cause enchantments on it to be removed when the ability is activated. An enchantment in play is neither a spell nor an ability. [Duelist Magazine #4, Page 7]
The effect prevents spells or the effects of permanents from targeting the creature. Enchantments which confer an ability (such as Lance or Firebreathing) are not prevented. [Duelist Magazine #4, Page 7]
Does not prevent sacrifices since sacrifices are not targeted. [bethmo 1996/10/03]
Extended tournaments (see Rule 913) have banned this card since 1999/10/01.