Bullboard - Stock Discussion Forum Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.F

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): T.CHE.DB.G | CGIFF | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental... see more

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TSX:CHE.DB.E - Post Discussion

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > !$^$&$%&^$&^%$,,,,,,,,,,,,,+_*)()&(*&(*&........!!!!!!!!!!!!

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Post by Red_Deer on May 03, 2023 6:11am

!$^$&$%&^$&^%$,,,,,,,,,,,,,+_)()&(&(*&........!!!!!!!!!!!!

DOWN 5% ????

On NO NEWS ??????????

On HUGE VOLUME ??????????????????

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Comment by Aurum1983 on May 03, 2023 9:18am

convertible hedge? stop-loss hunting?

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Comment by ol_griz on May 03, 2023 10:45am

So ridiculous. I bought this - again - after years of sustained and considerable realized losses - in January on an analyst recommendation of blue skies ahead. Confident of caustic prices. Ha! Ha! So much for him. Since then more than 15% loss. He was apparently already wrong on caustic but overall the company is still doing well. I suspect hedge ...more

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Comment by Aurum1983 on May 03, 2023 12:03pm

5.5M shares short as of Apr 15 per the consolidated short position report the dividend will eventually weight on these hedges they will have to close them out at some point

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Comment by GregC24 on May 03, 2023 5:22pm

Ya, unfortunately those 5.5m are down from a high of 7m at the beginning of March and the stock still lost a bunch of ground during that time.

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Comment by Aurum1983 on May 04, 2023 6:39am

they short it before the bought deal, knowing SP would drop, and is now covering. They are going to keep a lid on until their boots are filled. It's just a paper loss...but your monthly divy is real. Hang on to your shares for a couple of months and collect. I'm buying more at every dip. Meanwhile business continues to improve with a strong balance sheet.

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