PCL 6.25% 1.5¢ pancontinental energy nl

General Thoughts, page-330

  1. 432 Posts.
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    Why are you so puzzled here?

    You need to ask yourself the question... why has the market bid PCL up to this level, why the excitement?
    I can see that you just don't get it - do you?

    You need to think about the concept of "Cheap for a reason"
    to get a handle of why one stock sells at a lower market cap than another and vice versa despite apparent value or otherwise.


 
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