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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (36750)2/25/2010 3:01:10 PM
From: Madharry  Read Replies (1) of 78748
 
I took an initial position in CVE the oil sands spin=off from encana. I believe the decline was mostly due to weakness in the canadian dollar relative to the us dollar, and i think that can turn around in a hurry. I expect that the spinoff undervaluation has not yet righted itself. Although in my heart of hearts i think both slw and gfre will outperform this purchase just cant bring myself to buy anymore of those two. gfre will announce earning on March 3. i believe.
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