RE:RE:RE:RE:RE:RE:RE:Chevron buys HessSo you think the "pros on the street" have the valuations correct on every company?
So wht do we need a stock exchange for?
We can just leave it up to them to assign valuations or change them as they see fit after a quarterly report for example? Total rubbish.
These guys continue to get it wrong all the time. Thats whats called a "buying opportunity".
Also, I never said Suncor needed a change in gov't to make money.
Take a look at the last SU QTR rerport or do you even look at them?
You were referencing current government regualtions and I alluded to the thought that they could change with a new pro energy/business gov't.
Experienced wrote: Matt...Well I guess you know better than any of the pros on The Street who have gotten the valuation all wrong for SU. Not sure any of the big money players would fork out 60+ billion for SU based on a hope that there would be a change in Government in Canada AND that such a change would make a material difference.
Let's see how that works out for you....