GREY:PSGLQ - Post by User
Post by
ok2buyon May 20, 2016 5:14pm
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Post# 24894019
Re: Why not share....
Re: Why not share....Not sure if that was directed to me. But a bb member asked for my opinion on increasing his position in PSG. As I am not a professional, as a general rule I do not make recommendations on buys or sells. As for Dan Friedberg, he is definitely well known to the Desmarais family. He was at one time a vice president for Power Corp. The Desmarais family provided the capital to start Sagard Capital. Sagard Capital is an investment firm under the Power Corp. umbrella. Now Friedberg is on the PSG board of directors. So, I too agree, Friedberg will make something happen with PSG. Might not happen overnight. Sagard has a mid-long term investment strategy./ok2