SU, Suncor

SU AUG 2011

We have warned twice that Canada’s largest energy company would surprise a lot of analysts. En bloc they knew that oil could only go up and so, therefore, should all energy companies. Maybe too many people read that book about the world getting smaller, and maybe that will happen but not necessarily today. Today this stock lost about 5% of its value. $30 would be an interesting point but it should not stop there.