TakeoversSome companys have such stupid running them.You kind wonder if these guys have vested interests in killing a company ...say teck ,or I also wonder about td bank they paid what 10 billion for commerce bank in Jersey. ,you can;t tell me these guys did"t see this coming down, they paid 30 pE ratio to buy them out in ,the stock market was crashing and those were buying commerce bank.It just does't make sense unless ther is a lot of money moving out the back door in these takeover.There is alot more Bernie Madoff when will one pop up in Canada.
On a positive note :
I bought this stock because of the Brand,and also the crashing Canadian dollar wiil have a huge positive impact on earnings.
Do any of these guys running HW own a lot of shares, or are they all just along for the ride.
SW