Post by
Billybabin61 on Mar 16, 2023 3:08pm
Time to chill out
For those of you who were looking for big rewards, stop belly aching, did you think that you were buying GIC at 10% that was guaranteed? You may have forgotten that you bought a managment team which has much more experience than anyone posting here and you all knew going into this that they do NOT HEDGE, so you made a decision to either buy in or stay in based on supply/demand and weather. Eric Nutall, the self proclaimed GURU on oil didn't anticipate oil going to where it is now. So this is reality and get used to it.
I applaud management for doing what they can to salvage return to shareholders. They didn't envison this but then again, I own TOU which has come off $30 plus from its high so it is what it is. If it is too hot in the kitchen get out and stop criticizing your investment decisions.
Comment by
Gabriel on Mar 17, 2023 2:39pm
Billybabin: FYI SNC up 30% and BIR down 30% in the last 6 months.