Post by
indoubtgetout on Sep 17, 2020 3:48pm
SELL HSE Preferreds and buy HSE Common
Its makes no sense holding HSE preferred shares - none, nada. Take a look at Direct Energy, holding those preferred shares resulted in a 90%+ loss, almost as much at the common. So, if you are going to take a risk on Husky, buy the common shares: 1) much more liquid 2) much more volatility so should you buy today and it goes down more the probability of making your money back or more is higher for the common than the preferreds; 3) Should HSE be taken private which is quite likely given where it is trading, you make a huge gain with the common and likely lose with the preferreds as the preferred shares will NOT get bought out....they will remain and the risk of holding such preferred shares when HSE is private is MUCH greater. BUY, BUY, BUY HSE common. HSE likley is in play and we don't even know it.