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Reitmans Ord Shs V.RET

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

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.


TSXV:RET - Post by User

Post by Lllennnon May 15, 2023 7:27pm
201 Views
Post# 35449298

No Volume

No Volume This should drop another .50 cents maybe even $2, some of the people holding more than 20k shares needs to sell at least 20% of their position, and anyone hold 100k should sell 30% just to get it down to a healthy cycle rotation, there is no reason this should have trading volume less than 200k, if option's are $2.50-2.60 it needs to trade less than that for at least 2-3 million shares traded. Options are a way the leadership is saying it's only worth that much and even then it maybe less, look how options here played out prior to proceedings, now those expire and issue new, even a small shareholder like me can't get out with this volume, and I bottom fished this thru proceedings with the rotation was so much more and now it just not good imo
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