Stuart Olson Inc CUUHF

Actually

[crow27]

1.3 million shares traded on the 2 day dump (all exchanges, not just Toronto). Cutting divi and poor Q3 results crashed the share price. Now why would you be buying now? If you feel the real bad news is already out then this $1.60 range might be very close to the bottom and you can see a possible large gain in a couple quarters.  A nice 30% gain just puts the stock over $2.00.  If this leadership team can really turn this around then a easy double is in the cards.
With a low float of shares it does not take much good news for it to run up fast. Remember that the people that are buying are buying for a reason.
If for some reason there is a buyout you just might gain some real quick dollars. These guys just may not have what it takes to run the company properly but I'm sure there are others that could turn this around very quickly. SOX is a lot more than just beat up Alberta.
It's all about risk/reward. Remember when stocks really get beat up and drop like this you will always hear nothing but bad news and how the sky is falling, but someone is heavy on the buy so there is always 2 sides to a coin.
I am not fooled how this leadership team has screwed up but maybe this SHOCK of the share price  crash has finally got their attention and they are going to do something about it.
Oil and Gas small players are in real trouble because they can not get any financing for anything and this is why Pengrowth got bought out for .05 cents the other day. Sox is not in that boat.
Lets see how this plays out.