GREY:SCSZF - Post by User
Comment by
OilPlayerson May 06, 2013 12:59pm
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Post# 21343442
RE: Lucky longs
RE: Lucky longs Actually if you look at their financials, they still have a lot of leverage with their assets. The stock was undervalued and Brookfield took advantage of this. Since I got in last week, the bears like you created a lot of upside value so I could call you a fool for not buying. Why else would Brookfield be paying a premium to buy them out? Because they will probably bring the value back up substantially.
I'm sorry to those that lost $ here. Management failed to create value for shareholders and that is not the fault of investors. I would have never guessed this one would have fallen so far.
Usually the ones that have the "I told you so attitude" are the ones that are the most bitter losers in the market. There are no guarantees and if you knew the market that well you would quietly make money and not try to rub it in peoples' faces. You have winners/losers on both sides of stocks...nobody wants to hear I told you so.