Glentel Inc GLNIF

RE: RE: What's Wrong with This Picture?

[Waterboy4]

Well I was hoping for an explanation but there is little in the MD&A that would calm investors on such a huge miss in Q4. All if not all of the growth is attributed to new store openings. It seems that the market also sees through the smokescreen. 26% drop in share price is concerning for any company but it is even worse when a company is controlled by one family. One assumes they are not dumping their shares so it is the general shareholder or institutional investor that is saying, thanks for the great ride, but I am out of here. I see no other way to expain this other than there is way to much competition out there for the consumer dollar in mall based retailers. Since Q3 and Q4 are traditionally the strongest quarters, are we in for a shock in Q1 2012????