Q: GTE, PXT and other non Canadian oils have taken the same hit, while oil goes up. what's the reasoning here, and is it a permanent hit, as it seems to be for Cdn. oils??
Q: I own the above. I see Golumbia had a nasty suicide bombing and tension are rising. Do you think I should move to the sidelines? I really like the company but!!!!!!!!
Q: Reading your recent answers I am considering averaging down on VET, todays stock action gives me pause, big drop on big volume. Wondering if being ex dividend today has something to do with it?
Q: Hello ... I purchased SGY a couple of years ago at much higher levels and am now thinking of averaging down. I consider Surge to be one of the better names in the small cap oil space (if that's possible) as I feel they have good assets, solid management, manageable debt and a sustainable dividend (provided energy prices don't take a tumble). I also think they are a potential take-over target. I'm looking at a 3+ year hold.
Comments please.
Q: I see you sold WCP in favour of SU. I am down substantially on both VET & WCP. If I am moving the remnants of WCP to SU should I do the same with VET?
Q: With Dow up 336 & TSX up 92 & oil up $ 1.53 do you know any reason why PXT down $ .18 & VET down $ .34 ? I am trying to understand the market reasoning. Thanks
Q: Thanks for your prompt answer on MEG. Given these circumstances what does the pricing dynamic look like? HSE failed to offer enough to persuade sufficient share holders to accept their offer, which implies a higher valuation should apply, so even if HSE foresaw issues which made it prudent to withdraw their offer, which should have been priced below their finally acceptable price, the current pricing should be well below that reasonably attributable to MEG, and what is the sentiment that might apply both to share holders that tendered and those that did not?
Q: Now that Husky's takeover has failed and I am down 22% I am looking at taking a loss and selling. How do you feel about that or is there something in your crystal ball?
Q: ..with Husky pulling the plug on MEG how would you rank these companies as possible targets, or are there any others you think are attractive. thanks.
Q: If I read the news correctly Husky took up from tendered shares 50% of those outstanding at their bid price some $3 above todays price, and subsequent turnover is over 60 million. Assuming Huskey was a competent offeror an that the tendered shares were paid for what is to stop them acquiring the majority of the balance at todays much reduced price in the open market and would that be a competent and allowed strategy?
Q: MEG Energy Corp. shares skidded nearly 40 per cent after Husky Energy Inc. walked away from a $3.3-billion unsolicited takeover bid, saying it failed to garner enough support from MEG shareholders.