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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > Market Faith iIn CUS
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Post by amugsgame on Sep 24, 2014 9:21am

Market Faith iIn CUS

Despite the assertions from CUS that they continue to talk to "interested parties" it does not mean that anyone is out filling a bag with cash to hand over to them. I don't think they are going to do any better than a $ in / a $ out on NATO. Too many cost overruns and delays have brought this project in at a price that won't allow for a lot of profit margin (if any). The fact that the stock contines to slide even after the tie in fiasco was resolved shows that the institutional investors (who really control this stock) are not expecting any positive news in the immediate future. The $4.60 support line has been broken and ,looking at this morning's bids, there isn't a lot of support until $4.45. This could get quite ugly!
Comment by itsalie on Sep 24, 2014 3:37pm
it sounds like its not just the market that has little faith.. you seem to be in that camp too.. must suck to hold a stock when you thnk like that.. right or wrong. I can't explain the recent pull back despite the tie in news.. but I still think nato will be a windfall for the company and hold if for that reason. There has been a pretty massive selloff on all stock oil related.. so maybe they ...more  
Comment by Kherson on Apr 10, 2015 3:32pm
Itsalie, you posted this on September 24, 2014. Do you still believe that Blunderheim will be a massive windfall for Canexus? Are you a member of the management team or on the BOD of Canexus? Thanks in advance. Kherson
Comment by itsalie on Apr 10, 2015 1:02pm
Kherson I havent' lost any money on this stock, I haven't sold it.. but if/when I do lose money I will blame myself, I will not launch a law suit and I will not pester other posters.  but atlas, I am making a mistake again by engaging you and or encouraging you to post more. 
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