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RONA inc. Cumulative Floating Rate Series 7 Class T.RON.PR.B



TSX:RON.PR.B - Post by User

Comment by jackpinesavageon Apr 25, 2013 1:18pm
243 Views
Post# 21301042

RE: I SOLD

RE: I SOLD

Not much love here for Rona. Most likely post partum blues

following rejection of the Lowes offer. Irwin Michaels sees

value in RONA, and insiders have been buying.

I'm a yankee hailing from Minnesota. As I recall home improvement

centers do their best business seasonally in the cold weather parts

of the country. The benchmark has already been set at $14 IMO.

That is a 40% premium over present pps. I don't think you sell in

May on this one? I just bought some of the shares you sold.

I will average down if need be. I like to buy them unloved.

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