RE:CPG range bound...for nowI've mentioned this before.. I do think CPG can easily increase the divi by 100% for Q3 regardless of the D/CF basis at this point.. and I do think that is what's currently holding the share price back.. along with the short interest.. the optics of that move alone would be supportive of that $6+ price you're looking for.. IMHO.. that increase would only cost ~$5.5 million/yr. That's peanuts, and why I think some here have such distain for management.. they really should pony up a bit.. again IMHO.. although I certainly won't rant on about it.. ;-) highalpha1 wrote: I'll echo some of the sentiments expressed by other posters on this board about CPG's share price. Although we had a nice cumlative pop this past week of over 10%, CPG continues to trade at a substantial discount to its peers.
Like others have suggested, I think that once we break $6, we may quickly go up further from there. There is a relatively high short interest in this company and as some of the shorts begin to cover and others begin to buy in, the price action will move upward quickly.
As I have indicated before, I have a substantial position in CPG. I hope to sell 1/4 of my position in the C$6 handle and hold my remaining position for some time longer.