TSX:HSE.PR.B - Post by User
Comment by
konzelmannon Dec 08, 2015 10:26pm
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Post# 24367534
RE:switch
RE:switch
Suncor is only 14% off the 52 week high. No where near the potential gains that HSE has. HSE is solid. Most of the 'bad' news is actually just HSE management being extremely safe at this point. No one else is planning for $40 oil like HSE is. So when HSE releases this kind of thing, it scares everyone. But the fact is, most other companies can't plan for $40 oil because if they plan for $40 oil they may as well just plan their own bankruptcy. Where as Husky can take $40 oil relatively safely. I am happy that management is being safe at this point, but it really seems like their desire to be safe is spooking everyone.