Suncor Energy Inc. T.SU

Holding

[Obscure1]

I bought a chunk last week before the Q2 results came out. 

My thought process was that I was looking at a potential range of down a dollar to up 4 dollars with my best guess being a win.  Either way, I was getting out after a move.

So far, I'm down less than a dollar so I'm still holding.

After doing some number crunching the other day which I posted about, I have decided to hold even if the share price drops below my cost by more than a dollar.  Surely, at some point the street is going to wake up to the hidden value in SU.  In the meantime the two dividends I will receive in 4 months will more than cover the carrying cost.

[Experienced]

Generally agree with your assessment about the company's value. That said, I am not as confident that it will actually be realized and if it does it might take a while with a recession getting in the way. I decided to keep my underweight position but any additional shares would be viewed as trading shares.  To that end, last week I put in a stink bid at 38 before I headed out for my