RE:I Guess This Means There Are No Other Offers For COS...?We do not know what IMO is thinking. What we do know is there is FEAR in the streets regarding oil as most are running around like chickens with their heads cut off. Claudio Catteneo writes the Financial Post article which is the best so far about the thinking of analyst's and CEO's
Focus on the supply and demand economics of oil 1 year out like the smart money is doing. Be an investor, not a gambler. COS shares are highly correlated to oil pricing and will gain minimum 25 to 50% when the price rises later in 2016. Their downside is neglible and the upside fantastic. Remember the saying buy low sell high.
As the letter from COS states; we have made 16.85 per share in dividends since 2001 and owning .25 per share of suncor would have yielded 2.28 per share. Suncor will not manage Syncrude any better and we will obtain subpar performance over the next year as another report today states Suncor is a stock to short this year.