MEG Energy Corp T.MEG

Share Buybacks!

[campbe11]

MEG needs to send a message to the market and start buying back some shares. I know reducing debt is their main objective, but even a small purchase of $5-$10 million would be a good start.

[Eigen337]

This post has been removed in accordance with Community Policy

[campbe11]

I think your caps-lock is stuck? Anyways these clowns you speak so high of turned down the Husky deal when 60% of shareholders voted for a sale.. I am sure they are getting filthy rich off of all the insider knowledge and perks.. Probably even paying you to wave the Pom poms.. I do agree that shrewd investors should be buying at these undervalued prices. Hence the share buyback post. Lets see if

[Fuzman5902]

So what your saying they should have accepted Huskey's  $8 a share offer, as this was mostly an all stock deal???? Maybe there not clowns after all. Just saying  Regards Fuz

[campbe11]

It was $11 a share stock deal. If the deal had not fallen through they would not have sunk to $8. IMO  Still $8 a share 2 years ago is better than $6 and change today..  

[Fuzman5902]

Sorry Nope Go back & read the press release based on the price of Huskey stock when the deal would have closed it was $8. A very small minority was getting  $11 Regards Fuz