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CATALYST PAPER CORPORATION T.CYT

"Catalyst Paper Corp is a producer of mechanical printing papers in western North America. The Company operates through four segments: coated paper, uncoated paper, newsprint and pulp."


TSX:CYT - Post by User

Bullboard Posts
Post by dusty11on Nov 05, 2008 10:05pm
567 Views
Post# 15568962

odds against us

odds against usThe recent surge in the C$ against the US$ may now be a detriment in a new bid being offered.  The huge daily swings and the uncertaincy  with the global economy may have created a hunker down mentality  for many.. Even companies that are doing well may decide to concentrate on their core products until the storm is weathered. Todays C$ still gives an edge to an equall $380US offer....$9.65   Any foreign company would have a hedge in place to protect their bid.  The time is getting short , I believe the volume tomorrow ,Thursday, will tell us.  I would like to see at least  another 750k day and as a kicker at least a few block buys over $8.75.....Now we wait....It seems that  the big boys at Cryocath are also waiting....They must be sitting around counting their cash... Where are the news releases that may create interest...have we not trials going on....has the final procedure been done....Are we expanding further into Europe and Asia  ? Are the existing units in place being utilized fully...More hospitals on board? More Doctors being trained? ... Managements job is to create value for the owners....shareholders...Have they decided that they have done their job and now are waiting to hand the keys to Medtronic.  Please live up to your own high expectations and manage for us until we decide to exchange the keys for cash..Dusty
Bullboard Posts