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Compiling comments that experts make about stocks while on public TV.

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2013-02-06

Opinion for Suncor Energy Inc (SU-T)

Signal Price Bias Subject Owned
BUY $32.530 CAUTIOUSLY OPTIMISTIC CANADIAN LARGE Yes

Stock pulled back because the earnings they just announced did not meet expectations. The primary thing they did though was to take a huge write-down in respect to their Voyager program. This shouldn’t have taken the market by surprise. Bulletproof balance sheet and some excellent prospects for future development production growth. Margins were probably a little thinner than people were hoping but lately, margins have been very robust.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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