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SPDR Dow Jones International RelEst ETF Message Board

able_was_i_ere_i_saw_elba2001 1 post  |  Last Activity: Mar 13, 2015 9:59 AM Member since: Aug 2, 2001
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  • able_was_i_ere_i_saw_elba2001 by able_was_i_ere_i_saw_elba2001 Mar 13, 2015 9:59 AM Flag

    They are being too optimistics and is not willing to accept reality. When oil price was at 100, they did not hedge. Two times in the past 6 month, they have to revise the assumption and still did not get it right as of today. 2015 oil at 65? Canadian dollar at 1.15? In the past three month, they cut dividend two times and still want to keep it at 1 cent.

    Robert might be a good engineer, but not a portfolio manager. As a CEO, we need a good portfolio manager.

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