Husky launches $6.4-billion deal in bid for prime takeover MEG Energy Corp

[max_boost]

This quote is hidden because you are ignoring this member. Show Quote

Richest people I know are also some of the cheapest people I know. The brokest people I know are the same ones who spend like that. Same thing applies for companies.

But we talking about Crazy Rich Asians. It's a different animal lol

[msommers]

This quote is hidden because you are ignoring this member. Show Quote

Internet all-in... or real all-in?

Real all-in with Gestalt Bucks

[Sugarphreak]

...

[jwslam]

This quote is hidden because you are ignoring this member. Show Quote

I am thinking about going all in with a handful of internet stacks myself

Attachment 83468

This explains this

This quote is hidden because you are ignoring this member. Show Quote

Oh FFS

So they worded it you must deposit 100K to become black level... not have 100K+ in your account

I need to make another deposit now... fucks sake

@max_boost I found your answer!

[suntan]

Started from the bottom now we're here
Started from the bottom now my whole team fucking here
Started from the bottom now we're here
Started from the bottom now the whole team here, *****
Started from the bottom now we're here
Started from the bottom now my whole team here, *****
Started from the bottom now we're here
Started from the bottom now the whole team fucking here

[ExtraSlow]

Wow, not enough MEG shareholders tendered and now Husky has cancelled the deal. MEG down ~35%. Husky up 13%

[killramos]

Bullet. Dodged.

Husky can pick up the scraps for pennies in strategic alternatives / receivership.

[ExtraSlow]

This quote is hidden because you are ignoring this member. Show Quote

Bullet. Dodged.

Husky can pick up the scraps for pennies in strategic alternatives / receivership.

If it gets cheap enough, CNRL can buy it.

[Darkane]

Is it a good time to buy Meg stock now??

[roopi]

This quote is hidden because you are ignoring this member. Show Quote

Is it a good time to buy Meg stock now??

I thought about it but then I remembered this is the same guy who used to run Pengrowth.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

I thought about it but then I remembered this is the same guy who used to run Pengrowth.

So the answer is no.

[JustinL]

I don't have any now and don't plan on buying in. It probably has over corrected by 50cents... maybe. That's not enough for me to take a risk on MEG again.

[ExtraSlow]

I guess if you assume the market is totally wrong. I don't make that assumption.

[Darkane]

Honestly, Notley has interfered and artificially inflated WCS so quick that perhaps MEG feels they’re valuable passed $11/share.

That said, with this slide I feel they’ll be well worth more than they are now, at least to where they were.

If WCS maintains this run of $43-44USD, MEG shares will be worth lots because of free cash flow. Just watch.

[roopi]

If oil continues the way it is in an upwards trend there many other oil companies that have great upside potential that don't have debt that they can barely service. Sounds like you've already invested and good luck!