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Bullboard - Stock Discussion Forum Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

TSX:HSE.PR.B - Post Discussion

Husky Energy Inc. cumulative redeemable preferred > SELL HSE Preferreds and buy HSE Common
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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.
Comment by RagingBull3 on Sep 17, 2020 6:10pm
What's that word???.... Oxymoron??.... If Preferreds makes no sense holding, then for sure commons makes no sense holding!!      I decided to ADD more Preferreds if they go much lower.   All my pumping has convinced myself to ADD if opportunity to get more crazy Yields!!!   By what you've said, I think you really have no idea what Preferred Shares are.  ...more  
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