Bullboard - Stock Discussion Forum Reitmans Ord Shs V.RET.A

Primary Symbol: V.RET Alternate Symbol(s): RTMAF | RTMNF

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a... see more

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TSXV:RET - Post Discussion

Reitmans Ord Shs > When to buy, sell and hold

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Post by Torontojay on Sep 15, 2023 10:23am

When to buy, sell and hold

Investors should buy shares when they are bullish in the short run, and the long run. Let's define short run before we proceed. I will say anything less than 1 year would be the short run and anything greater than 1 year to be the long run. Keep in mind that this does not apply to day traders for obvious reasons.

Investors should hold shares when they are unsure what will happen over the next year but they are confident it will be higher over the "long" run.

Investors should sell shares when they are confident it will go down over the next year and very confident it will hold true a year from now.

I am currently in the "hold" camp as I'm not 100% certain shares will rise/fall over the next year but I'm very confident it will rise in the long run. I will begin to buy shares when I'm confident that the economy is in a new bull market.

I hold Reitmans in both an Resp account and my personal Rrsp account which coincides with my long term belief that the share price will rise over time.

My personal opinion fwiw.

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