Reitmans Ord Shs V.RET

As usual

[Trooper01]

Some ppl seems in the know before others..

Big volume today

[nedstar71]

Tough to say.  It did this before the last quarterly too, just before it tanked on earnings.  So it's either speculation, good news leaking, or pushing it up to give it a cushion for the potential drop.

[nedstar71]

And looking back the quarter before last it did an epic run going into eanings then took a huge dump the day of.  Could be good news but given the last two quarters pre strength definitely not a given.  I wouldn't chase the FOMO imo until you see actual good news, but I'm now completely out of the stock so my opinion may be slightly biased ;-)

[pennylane101]

What big run?!  It's been trading at the same levels all summer long.  Sure, there is some guy at Canaccord with very deep pockets and obviously YOU took the opportunity to cash out.  But this has been going on for months.  Nothing out of the ordinary. I hope for good news on Thursday.  Reitmans has no debt, which is good in today's high interest environment. 

[pennylane101]

I don't know why I put caps on the "you"  It looks like I'm angry.  I'm not.  Sorry, if it came across that way.  Cheers!

[nedstar71]

No worries.  And contrary to my theory of wanting to be on the sidelines for earnings, the good news is if history is any indication, me selling is a sure fire sign that the share price is about to skyrocket almost immediately :-)

[Lllennn]

Reitmans (Canada) Limited to Modernize its In-Store Customer and Employee Experience with Jumpmind’s Cloud-Native, Mobile-First Point of Sale Solution

[Torontojay]

I still believe this is conservatively worth at least $10 in good times and in a "normal" interest rate environment. Canadian stocks are trading at a HUGE discount relative to US stocks. In other words, being pessimistic on the economy is mostly priced in already.