TSX:HSE.PR.B - Post by User
Comment by
Bapakon Nov 26, 2009 5:29pm
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Post# 16528022
Nelson,
Nelson,
I agree with you on almost everything you said. You are right - HSE is not a good short. It pays hefty dividend that you are responsible for. However, I am betting that ECA will do better than HSE in next month or two. I bought ECA for 56.5/s . My positions short/long are identical so I am kind of neutral in terms of exposure. This strategy worked for me before . I also expect ugly markets for next few days and definitely a correction in 1st quarter of next year. As you well know ,nothing is w/o risk in this business.
Good luck to you.
B.