RE:what a dog....LOLIamwcw wrote: massive debt, simply massive. To compund the debt problem, they produce low value bitumen and it has high cost structure too boot...LOL When you own the high cost producer when the commodity prices are low, you get squeezed.... meg is beyond simply squeezed.... meg is in huge trouble. They have to sell the interest in pipelines to have cash to simply operate a bit longer. Selling at the low point in a marekt is not so good...LOL
but then, meg has its backers, some dummie retail investors of course.... they don't understand what they own obviously.... like some dummies that own pmt or lre or bte.... the high cost producers go broke, or lose shareholders all their money...LOL kinda funny seeing the same names posting on the companies that are the worst.... like shamboner.... that dimwit is always posting on the worst performing stocks.... and stockwrestler, another dummie...LOL