TSX:CRW.UN - Post by User
Comment by
zagorskon Dec 22, 2007 7:24pm
292 Views
Post# 14117149
RE: What is going on today?
RE: What is going on today?
My guess is it is the end of tax loss selling.
Most of the income seekers have sold out and now
the stock should be found appealing by investors
who seek capital gains.
This stock should never have become an income trust
in the first place. It was badly oversold almost
entirely due to the suspension of distributions.
Any earnings slump should only be moderate and they
have a lot of potential new product lines that could
see them recover their market darling status in a
year or so.