TSX:CUS.DB.D - Post by User
Comment by
Calgaryrideron Oct 06, 2015 11:45pm
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Post# 24170097
RE:Why buy SPB at the moment, when you can buy CUS and convert
RE:Why buy SPB at the moment, when you can buy CUS and convertJust a shout out to the Deb holders here, you're the only ones that made $$$ here. Nobody on here made $$$ common shares, unless you almost perfectly timed catching a falling knife.
all in all, my disappointment in Doug is off the charts. He said he'd turn this shop around and the deal given first to Cenovus and now Superior are just outrageously poor. He show nothing but poor tact and timing on both of these transactions and ramrodded the shareholder while selling false hopes about getting this back to a chemicals pure play that would again be a cashflow juggernaught.
Im so glad I never wasted. Penny on this.
Based on Doug's track record before CUS, either he didn't understand how bad a mess he was wAlking into OR he really was over-rated and was lucky in his past endeavours. Either way, like I said, the shareholders were under served very badly here.