RE:RE:4 billion dollar bought deal offeringHey Hawk
I always love your comments and this is another total beaut with "Where have all the good CEOs gone".
I was busy typing up my rant post while you were posting yours but you can sure see that we are in full agreement on how many bad CEOs there now are. Most of them seem to care more about getting bonuses tied to growth than doing a proper job.
In the past, I would have believed the "good for divy growth BS" and maybe even bought more but we've been burnt one too many times.
I'm actually now thinking of triimming the last 485 shares of PPL that we bought at an avg of $41.18 in the last few months to hedge against them being just as stupid and buying TMX.
Thank heavens for the good management at KEY as the rest of our midstream world has be unbelievably disappointing.
Take her easy and "Go Keyera!!:
Sarge
hawk35 wrote:
Well management has shot shareholders in the foot once again. Long term shareholders will be OK but short to medium term it really sucks. ENB will likely trade below 44.70 over the size of the acquisiton and debt fears. Of course shorts will turn into drama queens once again.
It really is a good opportunity for those who want an attractive entry point. Existing shareholders will pay the price for that entry point short to medium term.
I guess the question now is "Where have all the good CEOs gone".