Reitmans Ord Shs V.RET

Alternate Symbol(s): RTMNF | RTMAF | V.RET.A

Consumer Cyclical Apparel Stores

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.

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Reitmans Ord Shs

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Post by modulexon Feb 08, 2020 3:41pm

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Post# 30662854

RET.A SHARES ARE GROSSLY MANIPULATED

Something is very suspicious about REITMANS management. There appears to be behind the scene undergoings. The share price is surely not pulling back because of debt issues (although i have a feeling that some important write-offs are coming). So, why are there no news released if officials are in talks for any transaction. The HIGH 52-weeks is now $3.83 and will drop like a stone throughout the year. I dont see a share roll-back happening, which could explain the current share price decline. No way will this company remain public beyond 2020.

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