OTCPK:STVMF - Post by User
Comment by
paperbullon Feb 05, 2015 11:04am
265 Views
Post# 23399147
RE:RE:Mullen resigns
RE:RE:Mullen resigns<snip>Even in the good times Savanna lagged peers. That is Mullen's legacy <end snip>
In a note to investors, research analyst Dan MacDonald of RBC Dominion Securities said he expects a smooth transition because LaMontagne is a veteran of the company.
“We do expect the stock may underperform the broader group tomorrow (Thursday) on the news; however, with Savanna being the worst performing land drilling stock year-to-date within our North American land drilling coverage group, the reaction may be muted,” he wrote
Average volume today - $2.55 - $2.60 range. 'Nuff said