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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by bigopson May 11, 2011 10:31am
236 Views
Post# 18559651

RE: RE: GREAT News today

RE: RE: GREAT News todayhey king -- i see the news as great. In a short 2 months they have signed up 23 dealers...6.8% of the network. In those 2 months we have had march break and easter -- so not full months either. The penetration rate is great given that this is a new program and the early adopters are usually few...but momentum typically builds specially in these sorts of organizations. How can you be a hyundai dealer in the GTA and not sign up at this point...no one will buy from you. So i can see this picking up steam. Also - remember that it is not as easy as turning on a light (having worked in sales i can tell you that sales cycles can be long even for great products or services). Remember - it takes a dealer a couple/few weeks to walk through the program and understand it -- then the lawyers need to vet the deal, then a signature, then aeroplan probably needs to give final seal of approval...given the new program and the steps involved i am encouraged.
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