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Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B



TSX:HSE.PR.B - Post by User

Comment by Bapakon Nov 26, 2009 5:29pm
573 Views
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.
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