RE: LDM Article in Globe & Mail TodayZiggy,
the quote is "But David Mcdonald, co-chairman of Toronto-based Brawley Cathers Ltd., is bullish on Laidlaw stock. His firm has snapped up about five million Laidlaw shares this year both for Mr. Mcdonald and on behalf of clients.
He agrees that the company will issue new equity to pay off its debts, but thinks that is already more than built into the stock price."
In my view of the world, someone (who is in on these things on a daily basis) sunk probably $!.5 to $2 million dollars into this. Thats a lot of cash for someone to throw into what others think is a dog.
I think that this, along with all the positive news (rumour) with SK can only help LDM. The fac that LDM spokepeople are quoted in the Globe report and the can't comment on rumour is absolute nonsense.
Why is the TSE not asking LDM to put out a news release to talk about the large number of shares? Obviously something is going on, and we the stupid shareholders that these asses are supposed to represent havve two options, jump out, or sit and try to glean little tidbits of truth out of these types of forum.
Thats one hell of a way for people to make reasoned decisions. I thank the Board of Directors for all of this. Way to go guys, I vote for giving you all a great bonus. Your continued guidance is a marvel to behold!
To all the bleeding hearts who will respond, save your typing. They are doing a lousy job.