GREY:GLNIF - Post by User
Comment by
Robert40on Nov 20, 2011 8:53pm
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RE: Noise or Breakout?
RE: Noise or Breakout?I see it going below $15 due to A) losses from business centre, Retail is subsidizing business for long time. 2) Being reseller import costs of hardware going up 3) Global economic situation uncertain with Euro, Iran, US debt and retail shops in USA will suffer 4) less money in jeans as natural gas and oilfield sector flat 5) people waiting for iPhone5 and iPad3 won't buy it now.6) brain-drain from Glentel to competition. 6) GLN reducing number of locations in east 7) Tower infrastructure biting dust due no plan 8) number of lost opportunities 9) non technical people at the helm 10) totally dependent on retail and competition increasing with loblaws etc joining the fray. 11) lost almost all people acquired during merger and acquisition as pointed out by somebody earlier
so expect flat share price or around 14 till new product is introduced by Apple. This is my two bits.