Reitmans Ord Shs V.RET.A

Classic Example

[savyinvestor333]

Of why you need to be in before the news is released.

[nedstar71]

Not sure that really applies with RET.   Otherwise you could have basically said every other quarter for the past couple of years is a classic example of why you sell before the news release lol.  The stock was clearly bottoming in the $2.35 range so downside was limited barring a catatophic event.  Not much volume, but definitely could continue to grind higher. Decent earnings

[TheCount11]

Great point!  If an investor was just slightly better than average at forecasting earnings they could buy or sell volatility around their core position. Hopefully the stock price does not run up before the NCIB is implemented.  As a very long term investor I hope management is able to buy shares back as cheap as possible. The conference call was upbeat which makes sense as Q1 Gross

[Torontojay]

The problem with this argument is that one may choose to sell and buy a company they believe has better prospects. They are still "in the market" and can participate in the rally of the new company/shares acquired.  Canada is not the best place to invest until we get rid of our leaders.     

[nedstar71]

No the problem with this argument is it works both ways, and isn't a classic example.of anything, in this case especially.  It may as well have said to be a classic example of sell into strength, as for now that's what it turned out to be. Probably doesn't help that the NCIB may just be to help provide some liquidity for the increased option grants that are coming.  As we