TSX:CUS.DB.D - Post by User
Post by
Jackroyon Mar 13, 2014 12:06pm
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Post# 22318207
What is there to say
What is there to saySuch a difficult situation. Chemical commodities are in a cyclical low (see Dow trying to bail); hopefully they come around. Who knows how much money they will make from transloading - that is a wait and see gain. I suspect the President got this great transloading idea and pushed it onto the directors saying "we have to do something, this chloride business is stalled and boring"..."this is a great opportunity and we can take advantage of it" Cost overruns later - your gone. One month before, the CFO sells all his stock. I bet this company gets sold / or the transloading assets get sold.