RE:this is why the Market thinks about cpgI liked your post too, it was realistic to paint the analysts with present and past earnings only in mind and their conservative objectives.
May I add to this that there are , with companies like cpg, genetically modified to funnel money to Saxberg and friends and inside analysts and investors, when they divulge the results, surprises with two gambles outside the business of producing oil and selling it.
Its taxes and hedges.
They could have a 2 billion loss with hedges
They could have to writedown billions of assets for tax purposes.
So you are not investing in an oil company really but a company made up of gamblers.
They are hiding the bets still, because the mentality is one of a con job when the bet goes sour.
I pay a price every time I remember all the analysts who were sucked in and then conned me , so when I fart now tonight, it is a tribute to them who conned me, a symphony of the sounds they should be hearing for many years....with my vomit in their face, my shyt on their stomach and my piss
on their stinking feet.
Prove me I am wrong.