WatchingI am watching this stock because I see that a year from now there is a good news story, but until then I think it drifts down steadily. Consider that the turn to Alberta may not be until the end of next year, that is a long way off.
There are a few things about the struxture of this stock that I have always disliked. I don't like that Priestner owns a lot of the realestate - that is too much like a private company. I don't like that structure that many of the manufacturers have placed on the company - that the controlling shares are owned by Priestner and that the non controlling shares are owned by AutoCanada.
He is a good operator, but if there are problems, what kind of mess do we have here
That said, the scenario is unlikely.
Good times for this company are atleast a year out.