Stuart Olson Inc CUUHF

Stuart Olson , turnaround story for 2017?

[mouserman]

If Alberta can avoid floods and fires, perhaps SOX can expect to have a somewhat normal year for business.  The backlog of a couple billion $ worth of jobs  bodes well for the new year.
Paying a very healthy dividend, altho some are probably wondering if its sustainable given the financials year over year.
They did announce the next quarterly dividend of .12  for this Q to be paid April 13 to shareholders of record March 31.
Worth a punt for a small part of the  portfolio.

[Longbear]

Forward statements from mgt points in that direction...Better results for this year....Longbear

[pacer217]

Yes, that is maybe an excellent chance. that, and Div. of 8.5% is confirmed. The X -day is just 3 weeks away. $6.25 by end of Q3 is a safe prediction.

[mouserman]

Well , been trying to add some more SOX of late, but appears i will have to pay a lot more than the first lot that i bought. Appears to be very few sellers at this point, as it does not take a lot of volume to push the stock up. My list of  TSX dividend paying stocks are nearly all down  today, but SOX holding up real well, even hit an intraday high of 5.85. Going to have to move my bids

[mouserman]

Hmm managed to get a partial at 5.67 this am, not sure what the seller was thinking , but thanks. It bounced immediately back up to 5.82. Yesterdays trading was an interesting one to view. Cantor Fitz seemed to be trying to knock the stock down, or help shorts cover.   Very strange , yesterday i noticed dumps at the bid  ( about .06 lower) right after the stock hits a high of day.  

[andre20]

ya.. I have been noticing strange trading for this stock. even so it's usualy low volume but yet bounce sudently all over the place. GLTA Andre