Post by
TheRock79 on Oct 05, 2015 10:00pm
Suncor deal
Suncor paid 43% above share value for Canadian oil sand. I hope RMP doesn't get bought out at these levels. If RMP is sold at 2$ a share I'm screwed. I know the financials of Canadian oil sands are not the same with all that debt but still.
Comment by
PinnacleX on Oct 06, 2015 9:58am
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Comment by
TheRock79 on Oct 06, 2015 10:13am
I could only think for myself. This is not a charity. Do a fundraiser or a telethon for yourself.
Comment by
PinnacleX on Oct 06, 2015 11:57am
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Comment by
MustangMatt on Oct 06, 2015 3:55pm
What do you think PinnacleX, is this bounce for real, or is it just a bounce and not a direction change? Looks like oil broke out, could be we have seen the lows, what say you? Cheers Matthew
Comment by
PinnacleX on Oct 06, 2015 9:25pm
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Comment by
TheRock79 on Oct 07, 2015 1:43pm
I don't need your luck wishes PinnacleY. Cause if the people who are in at 8$ do well that means I'll do really really (one more) really well. You should change your user name to Captain obvious. We we need to see 1.82 before seing higher with good volumes. No Poop
Comment by
PinnacleX on Oct 07, 2015 3:55pm
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Comment by
PinnacleX on Oct 07, 2015 5:14pm
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Comment by
PinnacleX on Oct 07, 2015 8:47pm
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Comment by
TheRock79 on Oct 07, 2015 9:16pm
Pinnacle Y chromosome said RMP is going bankrupt. According to him Alberta will no longer have an oil industry because the market dips occasionally. I really hope you don't advise anyone on stock picks. PinnacleY' s first rule of investing is buy high sell low.
Comment by
PinnacleX on Oct 07, 2015 9:39pm
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Comment by
devoit on Oct 06, 2015 2:02pm
The Suncor offer is pushing the sector up (that and the shorts covering) but I do not think you can compare it to a deal for RMP. RMP has a much cleaner balance sheet than COS did. I just don't see the same type of deal being offered to RMP, and I certainly don't think management is interested in selling. Not until/unless we see above $5. It's in their track record.