WHY ARE YOU PEOPLE WHINING???You should be lucky that SU has decided to buy the company before it takes a huge dive! Look at the facts. Oil prices are in the gutter. Credit rating on COS was heading to JUNK STATUS right before SU stepped in. Their credit covenants may not be due till 2019 but do you think the creditors/bond holders won't come knocking sooner if they see the company in dispair and demand repayment? You want to take that chance??? I think this is a better choice when faced with a possible bankcruptcy! At least you get a dividend while from SU which is pretty good! SU is a growth stock! It will do very well moving forward. COS was stuck in the mud and sinking fast. Seymour and COS BOD saw this. Their books are probably horrible!
Others on here have sold COS and bought other beaten down oil stocks. Why??? They face the same thing that COS faced before SU stepped in! That is a huge risk! A lot of these oil companies in Alberta are going to be gone soon! They need a miracle that oil prices shoot up and fast!