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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > Seeking Alpha Article - Canexus
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Comment by ocean112on Jul 13, 2015 7:19am
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Post# 23917148

RE:RE:RE:RE:Seeking Alpha Article - Canexus

RE:RE:RE:RE:Seeking Alpha Article - Canexus
On the surface it does look like a flip-flop - but if I read it correctly - what he's saying is long term he is bullish on Canexus and is taking a position because he doesn't try to guess the bottom - just sees value and waits long term - but is warning flippers not to get in now if they don't have the stomach given potential downside if there is no deal.....so perhaps he's covering boths ends - but all he's done is model a 7x multiple instead of the rosy scenario - he did the same for Twin Butte months ago to warn investors...so I appreciate that
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