Crescent Point Energy (CPG) - Page 3
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Thread: Crescent Point Energy (CPG)

  1. #21
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    Quote Originally Posted by My Own Advisor View Post
    I've been thinking for a few years now, CPG is ripe for a buyout. I think Suncor will take them out.
    ...@ what price, i wonder...?


  2. #22
    Senior Member humble_pie's Avatar
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    fwiw ... a thin straw in the wind ...

    normally CPG options are next to impossible to sell at anything other than the dealer's bid. Ultra hard nosed stingy is what he is, the CPG option specialist. Does occasionally pay a nickel better than posted price, but never anything more than the 5 pennies.

    late last week i set out to sell CPG calls. The ones i had my eye on were $.21 to $.68. I offered to sell at .42, i was figuring Hard Nose & i would be dickering all next week.

    the order was filled instantly. Filled in the house. Didn't even get to the dealer. They were waiting.

    the strike price was 22, so this is suggesting to me that whoever-they-are might be expecting a price north of $22.00.

    fwiw ... straws in the wind are worthless though


    .
    ''bonté gracieuse et toute cette sorte de chose" - Astérix chez les bretons]

  3. #23
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    ...interesting tidbit HP, thanks...
    straws tend to lean in the direction the wind is blowing...


    ..

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  5. #24
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    Even if CPG is not taken out, it will now always have 'headwinds' with respect to share price growth. As soon as some price appreciation appears, management issues a secondary offering to buy yet more assets. Their management just cannot be happy with organic growth.

  6. #25
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    Quote Originally Posted by AltaRed View Post
    Even if CPG is not taken out, it will now always have 'headwinds' with respect to share price growth. As soon as some price appreciation appears, management issues a secondary offering to buy yet more assets. Their management just cannot be happy with organic growth.
    D'oh!!

  7. #26
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    This was reported as well

    " Heavily traded Crescent Point Energy (CPG.TO) rose 6% on rumours the company has been targeted by an activist investor."

  8. #27
    Bullish technical indication: MACD goes green, Bullish cross in Stochastic oscillator and RSI stands at 59.17 level with positive bias.

  9. #28
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    Quote Originally Posted by hollyhunter View Post
    Bullish technical indication: MACD goes green, Bullish cross in Stochastic oscillator and RSI stands at 59.17 level with positive bias.
    holly...how about translating that into English...for the rest of us?

  10. #29
    Senior Member humble_pie's Avatar
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    robo holly is always 100% bullish about everything 100% of the time, so it's meaningless
    ''bonté gracieuse et toute cette sorte de chose" - Astérix chez les bretons]

  11. #30
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    Quote Originally Posted by humble_pie View Post
    robo holly is always 100% bullish about everything 100% of the time, so it's meaningless
    hope she's robo-right on this one!!! hahahah


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