RE:SU Increases Stake in Fort HillsI agree with you about reduced premium. However, there are severeal indicators that there might be a trend coming of swallowing small fish with grat discounts. Where there is smoke, there is fire too. Dont forget that.
This is a lesson from 2008, rich become richer and small become smaller or disapear. COS would not have had the NR about being determined not to sell pieces without a reason. Unfortunately, many long term holders would suffer because I cant see $20 offer or higher for COS stock. Even 12 bucks would be a premium.
it is a risky stock to hold but could be rewarding if YOU are new in it.