Huh? What do you mean?
I was reading in the Globe and Mail Pershing Capital bought 18 million shares and 2.65 million call options of CP and is calling on the management to review its performance issues as of late.
Wow after hours it's up to $69 dollars now??
Congrats to those who bought at $44 but.. this company and it's earnings are still underperforming. I don't see how this hedge fund guy buying 10% of CP makes the company fix it's profit issues. The investors bet this guys investment will seek inprovments in CP.
GCE: I traded this stock several times, but the last time I was not able to get out as it just went down and down; I averaged the cost down to $7+ hoping the Chinese would buy it & now the Chinese can have it for $10.
A Happy Halloween for me, lol, but too bad I did not buy at $3+ when I had the strong urge to do so.
“Simplicity is the ultimate sophistication.”
I wonder how CP stays in business with all the derailments. Just take a look at the tracks poorly maintained tracks for yourself.
When everyone thinks the same they don't think at all
Darn somebody told me I needed to buy a railway stock a month ago and I sat on it lol.I went with my 12 AAPL shares instead of CP