[dogleg]

It was at $47. not long ago then dropped to $40. Looked good to me at $40. so I bought some, then came Armageddon and now its around $26. It looks almost irresistible. It has a 200 day moving average of about $39. It has YOY quarterly earnings growth of about 4.1% and a market cap of about $40B. However, things have changed. Any opinions ? Thanks.

 

[KaeJS]

Is it a sure thing over a day, week, month, rest of the year? No.

Is it a sure thing if you've got a year or more to invest? Yes, IMO.

I have been trying hard not to buy any. But it is definitely attractive. Starting to look like a 135lb, 5"10 Brunette.

 

[dogleg]

KaeJS: You didn't specify her age but I think you sold me . Nothing like averaging down !

 

[larry81]

I am pondering the idea of buying a concentrated position...

 

[Argonaut]

Best way to play the oil sands is with the pipelines. You don't even have to think. You don't even have to guess when the best price is.
Conservative estimate 10-12% annual return.

 

[daddybigbucks]

im looking to trade some Cenovus for Suncor this week.
Just working off market numbers, CVE is down 5% in the last 3 months while SU is down 28%.

 

[Kim]

OK KaeJS I have never thought of stocks that way. I can't think of one stock what reminds me of Clive Owen or Daniel Craig.

Suncor in my recreational opinion is a good one and on my list.

 

[Toronto.gal]

I can't think of one stock what reminds me of Clive Owen or Daniel Craig.

Suncor in my recreational opinion is a good one and on my list.

Lol Kim, neither can I [I adore Daniel Craig, been crazy about him since I first laid eyes on him in the movie Munich].

So now we know KaeJS likes brunettes, no wonder he's smart, just kidding!

I have been accumulating SU shares since 2009 and just last week averaged down again. I have no doubt the stock will quadruple [eventually].

 

[larry81]

I am in 3760 @26.60

6 month - 1 year

 

[gibor365]

I am in 3760 @26.60

6 month - 1 year

just curious 3760 is nymber of shares or $ amount you spent?

P.S. I also added a little bit SU couple of day ago at 26.25
Nor sure about quadripeling , but beleive that it will double in 2 -3 years

 

[Kim]

I thought it was 3760 shares making approx. 10K.

 

[gibor365]

I thought it was 3760 shares making approx. 10K.

no, that it's making 100K

 

[Toronto.gal]

Nor sure about quadripeling , but beleive that it will double in 2 -3 years

By quadrupling, I was't talking about 2 years, but longer term.

 

[larry81]

just curious 3760 is nymber of shares or $ amount you spent?

P.S. I also added a little bit SU couple of day ago at 26.25
Nor sure about quadripeling , but beleive that it will double in 2 -3 years

3760 is the number of share.

Suncor at 26 hahahaha ! For anyone with a little patience and the stomach to handle the volatility... IT'S A STEAL !!!

 

[Kim]

whoops missed typing a zero, my mistake.

 

[blin10]

3760 is the number of share.

Suncor at 26 hahahaha ! For anyone with a little patience and the stomach to handle the volatility... IT'S A STEAL !!!

damn homie...

 

[avrex]

wow!! 100,000 in a 'single' stock.

 

[larry81]

wow!! 100,000 in a 'single' stock.

money was sitting in a 'HISA'.

At this price and with a mid/long term timeframe... its a joke

 

[bobwatford123]

money was sitting in a 'HISA'.

At this price and with a mid/long term timeframe... its a joke

Surprised you wouldn't have put it into more of a solid dividend payer then and get the best of both worlds

 

[Toronto.gal]

money was sitting in a 'HISA'.

At this price and with a mid/long term timeframe... its a joke

I have to agree, though in this market, I would have split that amount in at least 3 stocks.