RE:RE:RE:RE:Discount CatalystTrader wrote: Sonofmshade wrote: borrowedlife wrote: CatalystTrader wrote: if the ruling is negative Monday
This ride is over IMO
Yup! Will head back to $5 if not lower, probably lower, with the strong selling, no position, but have been watching, GLTA.
Frankly I don't give a cr*p. I bought this stock at 7 bucks with a 2-3 window to reap the rewards of higher oil prices. In 2-3 years it will be trading at 20 bucks minimum. I don't get all these people crying about "they need to accept the offer or the stock falls BS" You had several months to sell your shares at these higer short term prices - you can still sell today at a premium to the stocks low - so just do it and p*ss off.
SU is trying to get this thing for peanuts - everybody knows it worth much more - unless you are looking at this through the lens of the very short term trader.
I think COS should offer to buy SU's 12% of Syncrude at the same valuation that SU is trying to steal COS's 37% at and then see what SU has to say.
How can you possibly guess what oil will be in 2 years , if you missed the 50% drop in oil?
Catalysttrader....if they miss the basics, I don't engage in conversation, plus, not ever investors fit the same bill, if they are that long, commenting is useless, short term if the deal doesn't go thru, $5 and lower, probably that is a great opp to add and sell couple dollars more, there is nothing like quick money, days of long term thinking are shrinking like my grandma, GLTA