TSX:CUS.DB.D - Post by User
Comment by
Khersonon Dec 13, 2014 10:31am
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Post# 23227270
RE:I just don't get it...
RE:I just don't get it...philip3 wrote:
I thought all the NATO damage was priced in at $5.00
It seems like the market forgot this was a $6.00 stock based on chemicals alone.
CUS doesn't get paid based on the price of oil, just paid to ship it.
I can't see less oil getting shipped because of price; certainly not in the next 3 -9 months anyway.
So what possible reason can there be for the stock price getting cut in half?
A statement from the company would go a long way right now.
PS: Already averaged down (well above here) and ain't doing it again.
Call up the IR folks and ask them what exactly is the present operating rate of Blunderheim. It is no where's near the believed rate of 40%. Canexus has been publicly fudging their Blunderheim info for quite sometime now...
Kherson