Post by
Playacar on Jul 01, 2022 6:23pm
Acquisition
Being a senior and living off my investments I'm very disappoint. All long WCP keep saying that their objective was to reduce bank debt and increase shareholder dividends. Now they have added 1.8 billion in debt. I don't want to wait another 18 months. Also what happens if oil takes a nose dive and it's back to 50 dollars. I will be selling all of my shares and increasing my holding in cardinal. Looks like you can't trust WCP management. Don't understand this deal at all. Very little upside and lots of risk.
Comment by
newcoin on Jul 02, 2022 1:40am
How old are you? Can't you wait nine or 12 months to be deep in the green? If you're gonna die tomorrow fine otherwise just relax.