While Obama was currying favor with his clueless minions blocking Keystone, real people with real priorities in the real world went on with life in the real world:
"Volkswagen's US sales go up in October, despite diesel emissions scandal"
smokedlobster, We get it, you lost your shirt in this stock, don't own any now and want to make your loss seem right by seeing everyone sell at Su's low bid. I to have little regard for COS management, but even inept COS management knows .25 isn't a fair price for COS assets. You will be proved wrong again old smoke lobster as .25 will never win shareholders over! SU would need to go back to .32 to have any chance. Oil might stay low and COS may end up in worse trouble but today the assets are worth more and shareholders hope COS management finally sees the light and gets us a better deal.
I reserve judgment as to the reason why COS management opposed the offer until COS shareholders have voted on it. The majority of shareholders are not idiots, regardless of what you may think.
COS management turned down the offer to save their own jobs....that's pretty typical, especially when there's no where else to go. It is no more complicated than that.
SU lowered its offer partly because going hostile is very risky. It is no more complicated than that.
Are you in a coma, or just really slow?
Having turned down .32 earlier, and with most COS shareholders still on the hook with large losses even at .32. SU needs to face the fact that they are wasting everyone's time at .25. Shareholders would rather gamble on a rebound in oil than give away the vast reserves and huge investment in infrastructure., Fair offer is in the .35-40 range ( fair currently not rich) and I bet COS management either goes along or at least offers to let shareholders decide, if SU gets serious, and no other offers come forth. This hostile bid is a waste of time and money at such a low bid.
Lying on the internet?! That's unpossible.
If you post here with the purpose of "gaining" anything, I think that pretty much tells me enough about you.
So long, Putz.
LOL. What would I have to gain by lying about selling a stock I really like? I will probably be buying stock from you when it goes down again, and you are panic selling. Happy trails.
But you forget to mention that a you're a pathetic liar who's full of #$%$.
Keep us posted on your imaginary adventures though....enthralling.
Made a very nice profit. When it goes down again, I will buy more. I Sold at 39 CAD. Bought at avg 33.5 CAD. I am sidelines on Suncor until its back at 35.50 CAD. Have a nice day.
Canadian Oil Sands Ltd., the producer seeking to fend off a C$4.3 billion ($3.3 billion) hostile takeover from Suncor Energy Inc., has had interest from other possible suitors.
“We’re seeing interest from a full range” of partners and possible buyers, Chief Executive Officer Ryan Kubik said in an interview on Thursday. He declined to name any.
Maybe you should make them all take a number?
COS deal is what it is. "Full and fair value for all asset", take it or leave it.
You know that 'higher bid' 6 months ago? Well, turns out you should have taken it when it was offered, 'cause that market is gone now. ...
Sounded quite clear to me.