free soloHey gang,
There's a documentary film out called Free Solo. It's about a mountain climber's conquest of climbing one of the world's most daunting mountain in terms of doing it without ropes; that is to say, just the man, the mountain and a bag of chalk.
He prepared for this life or death climb for about 10 years by climbing it with ropes at least 50 times so he could know **every** salient feature of the mountain, and so he could memorize and test the thousands of moves he would need to get to the top.
How is this related to Torstar you might ask? I hear some of you saying the shareprice fall is like a rope-less climber who has slipped and is in freefall. My take is that we have to see Torstar as the formidable mountain, and we are the investor-climbers (a bit hokey!). We are deinitely showing the grit needed, but hopefully it will not take 10 years, to succeed. The obvious analogy for us in terms of knowing the mountain is, do we **know** Torstar in sufficient detail? Do we know each nook and cranny and hand hold and foot hold. So that is the question. Do we know all that we can know about Torstar?
I believe that there are some of us who **do** know the details of Torstar thoroughly. I am not one of those individuals. What I do have---and I hope it is not actually arrogance or over-confidence for that can lead to a tumble---is the knowledge that the Torstar mountain is within my climbing abilities as it were.
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Boynton's buy is gigantic news when it comes to our little board here. Grudging kudos to Don for breaking the story! That was to be my story!!! : )
Anyhow, what to make of it? As quoted elsewhere:
“Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise." (Attributed to famed investor Peter Lynch.)
I would add (again!) that all of those DSUs and RSUs which are accruing to many insiders/executives amount to substantial covert and substantial insider buying.
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This is idea is a little out there, but I have a reputation to uphold. The hiring of Skok (though now long gone) and now Karen are really disguised buy-out-suitability investigations. So, we are told so-and-so is hired, but really so-and-so is here to check out Torstar's data room as part of due diligence in a buy-out scenario. See that? Wink wink. Unlikely, but a possibility.
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The Lottario has not been going well. I plan to give it up!
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We are going to $2.10 before long.
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theory about new faces from abraod