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Cinram International Inc T.CRW.UN



TSX:CRW.UN - Post by User

Cinram International Inc
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Comment by HCaseon Nov 06, 2007 10:10am
217 Views
Post# 13758642

RE: sorry, but it''''s bad!

RE: sorry, but it''''s bad!Ouch! I'm glad I got out at mid 17s with "only" a 10-15% loss in a month on this one (but I've gotten caught in ugly downdrafts, too, so I am not gloating.) What I most did not like about the announcement was that I saw nothing in the timeline beyond the distribution suspension. Suspended for how long? Indefinitely with a review date, or just indefinitely? Did I miss that part? That being said, at this level, if things are as jaredk wrote, there is an opportunity to buy a bargain now for capital gains and possible distribution reactivation, if you've got the nerve, or maybe more correctly the confidence based on fundamental information. I don't, so will sit this out and watch, and if I see the right entry point, will jump in again, and again this time just riding the trend.
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