Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE: 5 year/ 10 year/ and now all time lows.whats going on???

[oilandgasmick]

Yes indeed, I hate to admit it but looks like we are heading down to 11 bucks by the time earnings are announced next week.

The market wants to be reassured that management is doing something to defend the stock price but:

--share buyback---company not interested in doing this

--special dividend to reward long suffering shareholders-- no, not interested in doing this 

-updates on downstream sale-- no nothing there either

-dividend increase?  Maybe but nothing firm to suggest that we will see an increase next week.

Add to that the obvious fact that many major players want out and there is only one way that this can go until some sort of major news is offered. 

If there is no dividend increase next week then look for 10 buck SP. Sad to admit but HSE management simply not market friendly. It's a shame because fundamentals are solid.