Trading at record lowsHi Folks
Well tried to call the company today - no one available to talk to investors - no surprise there - I am one of the idiots who actually believed in this company back in 98 when the SP was north of $7.00 now its gone down so much hardly even worth selling - this is looking a lot like all those other "Great Canadian Investments" - Nortel, Bre-X, Laidlaw - all of which paid their CEOs, CFOs etc handsomely and then left the shareholders holding what amounted to garbage. It is a sad comment that the only way to make money on what was once a viable and vibrant Canadian company is to do what hoserjoe advocates - playing the 20 cent variance like so many other penny stocks - however, now that it is at record lows - not much hope that I can see in even doing the 20 cent game - I fully expect tax loss selling to take it lower still - it really is too bad that management can do this to companies, walk away with big golden handshakes and leave us all in the dust. I'm guessing there must be a course now in Canadian University Business Schools called "Hose the shareholders 101" - so many of these folks are so good at it.
cheers
Rusty