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Bullboard - Stock Discussion Forum Veresen Inc. T.VSN.DB.B

TSX:VSN.DB.B - Post Discussion

Veresen Inc. > Back to $10
View:
Post by righand2 on Dec 09, 2016 11:45pm

Back to $10

With Jordan Cove D.O.A., there is no reason for the share price to be at $12. The payout ratio is ridiculously high.
Comment by Beckysboss on Dec 10, 2016 8:04am
 Sure , what an idiot,  you got it wrong selling at $9 and now your hurting, hows that Trans Canada doing.  There is no JC in this stock,  just a bump in the road.  The power generation sale will come soon,  then the midstream assets will come on ,  Trump will take a new look at all these projects ,  you will be saying shoulda, coulda... just like now when ...more  
Comment by Armcorp on Dec 11, 2016 10:56pm
My understanding of the Jordan Cove issue is that the US regulator sees no reason to revisit its decision to not allow the project to go ahead. The decision was originally based on VSN being unable to demonstrate a customer base, or something like that. The new info that VSN presented may have affected that aspect of the project, but it also seems strangely that new info of that type is not ...more  
Comment by pjn0987654321 on Dec 12, 2016 8:58am
"Instead VSN has to resubmit" They also have the option of taking it to the US Circuit Court of Appeals.  This may be the best route as it's obvious FERC is giving them the runaround.  Refusing to reopen when the company presents material information that answers the objection.  Ridiculous. 
Comment by Beckysboss on Dec 12, 2016 10:17am
 Wait a month , the new administration will be like a ray of sunshine on  Jordan Cove.  Trump wants energy jobs,  a $5 bill plant a gift.  No need to go to court ,  fill up the lawyers pockets.  Then next guy at FERC will have a different attitude on these projects ,  the Obama gov't were job killers.  Times are a changin... reality is it was never ...more  
Comment by righand2 on Dec 12, 2016 8:26am
That just shows how stupid you are. I traded the heck out of VSN, sold out the last time for far more than $9, bought TRP, and sold it for a big gain. I have made more off VSN than you ever will, but of course you are too dense to understand how real investors work. By the way, VSN's POR is still too high.
Comment by Beckysboss on Dec 12, 2016 10:21am
 Sure you did,  a legend in your own mind, you can make up anything you want can't you, hope it makes you feel better.  Your a trading machine lol.   Any wonder 350 people on SH have you on ignore?
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