TSX:CHE.DB.E - Post by User
Comment by
PlutusofCreteon May 10, 2021 6:01pm
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Post# 33170352
RE:how low will it drop?
RE:how low will it drop?Might be a small drop...the price will be supported by underwriters.
After Q2 though the support will start to fall through.
WSSC will be the only highlight in the second quarter.
Fracking and shale oil will not grown in Q2. Refineries will not increased output signfiicantly. People will not be driving around like we are used to. Especially not in Canada. Vaccine roll out is too slow. Only paying for car insurance on one car since my wife and I don't need the other one....probably for the rest of the year.
People are not going back to the office...at least I know I'm not.
I was very surprised to see the run up in price over the last 14 days. Very surprised given everyone should have known how bad things will be.
Following the Company throughout the COVID crisis and the mixed messaging on "adequate" financing shows poor transparency is with this mgmt team.