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



TSX:FUT - Post by User

Post by bigopson Dec 07, 2011 10:35am
176 Views
Post# 19298923

Getting there...

Getting there...So based on the last press release with the Q3 numbers we have signed up 85 dealers...add to that the existing retail businesses that are signed up....we are getting closer and closer to the day where we all breathe easy and are profitable...in my estimation (very back of napkin...jhar and others may have more refined projections) we need approx 140 dealers on line in addition to our existing business. So we really need 55 more signed....if we simply assume that the full 55 (or call it 65 if you want) come from Co-Auto leads in the West (an untapped market!!) then all we are talking about is approx 7% penetration in their network....fewer than 1 of every 10 dealers needs to sign up. This is looking very promising and we are getting there...
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