LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

RE:RE:Thoughts ??

[Storman]

If it gets slaughtered tomorrow by more than .75c I am buyer.  With a projected earning increase next year as a result of dividend cut, USA expansion and a possible oil price increase P/E ratio might be touching 10, which is very very low for a retailer. The stock will have no way to go but up. A return of 4.5% is acceptable and safe being about 60% of earning. IMHO, I think the risk of investing in this company is diminshing a lot and it is starting to make sense.
Think about it.