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

Crashing

[RusticHit]

Whass up with Doggie droping fast 4-5% Big  Bids being attacked  other O&G stocks not this bad any news out or just as Usual Doggie drops <<<<<<<<<<<<<<<<<<<<<<<<<<<as always ??

[RusticHit]

Here ya go  Doggie in free fall ,Cancrap  sell causing this shorts pilling on again in Energy sector after Idiots Iran smacked by Donniee again after China ,,,as always  short these Junkies and BUy Tslas apples babas

[RusticHit]

Wow whata selling pressure BIg Bids smacked down ,where this will end  ,,?? One of the Worst Stock in energy sector with Value  Sticker on it thats why Longs get sucked In ??/

[matt2018]

its perfect timing for LKS to take this private. He could buy the shares he doesnt own for $15 and no one would give him a fight. He could borrow the money and finace it with savings on the div. This one not going anywhere for this year. Very high capex for current production. Yes, investing in projects for the future but investors seem to want profits today or they move on quickly. my opinion

[depix]

His Bro's will be in Washington tomorrow to sign phase 1 deal. Get'em while there cheap....Congrats to anyone who bought today...like me....I hope:) IMO

[Seppelt]

Credit Suisse recently downgraded the stock. Not sure if this is the reason for current weakness but it's far from crashing. The stock price is moving away from my average cost so I may consider adding more. Don't expect a lot until 2021, this is just a hold and collect the dividend thing.

[firstworld]

LKS hyper sensitive to political risk and while Canada is a bannana republic managed by communists and pumped up on everincreasing debt and massive real estate snow washing money  there are far better places to invest in the world for this global player. He looks for long term value.  Will hold HSE as it is make some stink bids for distressed CDN O&G players....he could care less

[onec007]

I added yesterday (most of my shares) one day too early UGGGGH Damn analysts and their downgrade, but I am happy that my avg is now under $10. 

[onec007]

$15 significantly undervalues the tangible book value of the company which is closer to $20. But I agree if LKS offers that price I think most would take it in a heartbeat.

[matt2018]

LKS family already owns 69%, what is point of keeping the other 31% public? They can streamline so many costs by going private that they can grab even more cash than they are taking out of Husky now. Its a no brainer. Unless they believe it can go even lower, like maybe  $7.  Then they take it out for $12. $12 wont do it right now, need to offer at least $15.

[onec007]

Unless oil craters to $40 I don't see $7 (knock on wood). The current price is still higher than their $55 base case projection so this should be significantly higher than current price

[firstworld]

Need to wait at least 18 mths of additional govt mismanagement and see what new rules come into play. Politic risk is way too high now to make any moves. There is more distress coming they will swoop in....