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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by BayWallon Jun 06, 2012 2:56pm
96 Views
Post# 19986300

RE: One of the reasons...

RE: One of the reasons...

Another reason for buying are statements made by management. Nothing wrong with such confidence building intentions, but maybe a bit over-confident? Hard to say as there could be better things yet to come. The rollback has everyone on edge, and some have the company as sunk. But with no sign-ons in the past while, it's only natural to think the worse.

 

Excerpt from a March 29, 2012 news release:

I am confident that David and the current team can take Futura to the next level of success. At the same time, I am happy to continue to be a part of Futura's growth and prosperity and will continue to assist in any way I can."

"Through his vision, Mark has been able to steer the business onto its current focused path and it has been a real pleasure working with him on a day-to-day basis," said Mr. Campbell. "The company continues to grow its retail loyalty book of customers in various sectors and looks forward to achieving profitability through a focus on its core loyalty services and ancillary marketing services."

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