Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

TSX:GXI.R - Post Discussion

Guestlogix Inc > This was my fav stock
View:
Post by Moneyday0 on Dec 05, 2014 9:02am

This was my fav stock

Not sure what to make of this. Certainly no fan of miles reward programs - they get worse and worse for anyone cashing in. Extreme disappointment with dilution. Suspect that is a similar consensus. Then of course that ridiculous sub $1.00 price offering for PP and debentures. At $1.20 could have been awesome - under $1.00 they obviously waited tooooo long to get this thing signed. However -that said - there is now extreme potential for immediate and short term accretion. Bottom line - all the nay say-er analysts on CNBC and BNN stating GXI over promises and under delivers with little real potential - now have to take a real solid and hard second look. Expect this will now have multiple news releases with more interesting and explosively positive initiatives to the bottom line!!!
Comment by jazzlistener2 on Dec 05, 2014 11:06am
you would think that the share price would be proped up to closer to 95 cents for the underwriters to sell the shares to the public.  who would buy at 95cents when you can buy from the market at year low prices.  Guestlogix has not been a shareholder friendly company . If the latest deal was left to shareholders ' approval it certainly wouldn't have gone through. Putting the ...more  
Comment by eunice12 on Dec 05, 2014 11:34am
Jazzli they are called underwriters, not overwriters so they aren't stupid enough to try to sell stock any higher than they have to - don't confuse your intelligence with theirs. All they care about is their commissions so your make work project is a weird idea as usual - underwriters work for themselves and try to make money for their clients SO THEY WILL COME BACK FOR MORE DEALS IN ...more  
Comment by oddcrowd on Dec 09, 2014 8:27am
Putting up for sale?  Not sure there is much real value.  Masters at dubious practices, excellent with smoke and mirrors.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities