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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (161170)10/30/2008 10:17:33 AM
From: Peter VRead Replies (2) | Respond to of 306849
 
anyone notice that the Canadian COS is trading exactly opposite the US pink sheet version? Canada is down 1.3 percent, US is up 1.2 percent.

As I typed, the US has come down to .4 percent up, and the canada 1 percent down. Seems like an arbitrage opp there somewhere.



To: Tommaso who wrote (161170)10/30/2008 11:03:03 PM
From: Clever Nick NameRespond to of 306849
 
I don't know much about management, but a read of the quarterly report is impressive. Costs are still low relative to current prices of crude, they retired a lot of debt, and what they are carrying is in US$.

The stock traded well on the news all day too.


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