Suncor Energy Inc. T.SU

hope BOD and management change soon

[w8asec]

As I write this, oil is up 4% and SU is red,,,,

.... I say NON-COMFIDENCE

[integrity11]

IMO the main reason SU is down is due to the short players desperation to clear their accounts. They are in trouble and there are many short players in SU. They need to buy now before the Q1 results which in spite of iffy management are expected to be significant. The shorters/hedge funds are working together to try to buy enough shares to clear their accounts. The problem for these players now is

[Vozaday]

I strongly disagree. Shorters are putting on the pressure since the 10% day and instilling fear in investors before finances. I'm accumulating slowly but am also starting to have doubts as I'm selling CVE to buy SU. 

[pooltec]

many oil comps .not doing well today

[MigraineCall]

No. Just the opposite. By covering a short, you are buying, and that would drive the price up, not down. There are obviously a lot of folks recognizing there is a lot of potential in Suncor, be it with new management, or management that is receptive to change by force. Elliot would not invest the time and money as an activist unless they see a great opportunity here for a substantial return. I&

[Chad123]

Interesting enough MEG did the vote on line this week in a separate meeting from the CC. Would be nice if SU did the same. BTW, I have not received anything from TD with regards to SU. Cheers!

[w8asec]

I have the same question...same country, so if anyone at Elliot is reading this I have 120K shares to proxy to you.

[thegreattimario]

Yup if management does not increase divy next week then guaranteed this heads red and hard.but if theybdo increase then look out the spnwill fly possibly hiting $60