Post by
ElectroWave on Sep 14, 2021 11:30am
After sweetheart acquisitions, shares locked in a chokehold
I have seen it before. CEO makes accretive acqusition in a market under duress, does layoffs then unable to decompress the market during the burn off phase. Stuck in a bear trap until further notice.
Comment by
barneyj44 on Sep 14, 2021 11:44am
Being stuck in a Bear trap isn't so bad when your getting dividends and have a Drip plan.
Comment by
schoolinmoe42 on Sep 14, 2021 12:08pm
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Comment by
ElectroWave on Sep 14, 2021 12:45pm
There is $40 a barrel oil and $100 a barrel oil. Noone knows for certainty what comes next.
Comment by
barneyj44 on Sep 14, 2021 2:16pm
https://www1.royalbank.com/cgi-bin/rbaccess/rbunxcgi?F22=4WN600S&7ASERVER=N600LD&7ASCRIPT=/WebUI/Search/DetailedQuoteStock&s=CPG&c=CA#/Charts Hope this works Schoolinmoe. This is a 3 year chart. Meg is the front runner +8. 8 % followed by Wcp -26.6% and then Cpg at -40%. This does not include 3 years of dividends. Meg is by far the better trading stock.
Comment by
itsalie on Sep 15, 2021 9:16am
Is the Drip through the company or your bank? Is there a discount?
Comment by
barneyj44 on Sep 15, 2021 9:40am
I deal with RBC action direct , no discount sometimes j don't think I get the best price either.
Comment by
uograd on Sep 15, 2021 9:52am
im with you barney. bmo investorline gets better prices than rbc. not a big deal but squeezing a few bucks more profit on each buy or sell helps in the long run