RE: RE: New suncor holdertenfoldfive...not sure about your post ...it's OK to vent but.... the merger will ultimately be a very good thing for Suncor...and the Suncor management is very, very well respected...and they don't do anything that won't add to the bottom line.
Not sure when you bought in but this isn't a quick flip stock but it does have excellent options so sell some Covered Calls while you wait!
I hold 6000 shares at 28.55 average and I am planning on adding 1000 more this week as the chart is setting up nicely... SP approaching the 40 DAY MA ... and then up it goes...longer term the price of oil is going up ...of that where is little question...for many valid reasons such as a weakening US dollar....Mexico production dropping like a stone this year and next. etc.etc...
You can do whatever you like with the SU stock you hold... I won't tell you what to do with it...I would suggest you educate yourself more on this stock... its history and it's future.
Before you go deep end on all of us... and start to beat on the "losers" as you call them ...that hold this stock
( I guess that includes me ).
I have made very good money off SU sell Covered Calls month to month- two strikes out of the money...and even then I got taken out twice at a profit each time.
Remember just be nice...and a watched pot always takes longer to boil.