Glentel Inc GLNIF

GLN on a down trend?

[msillusion]

What is going on? TSX is up the last 2 days but GLN goes lower.

[msillusion]

The NBR Wed night talked about the Samsung Shop in a Best Buy store. A store in a store. Samsung can benefit from the big Best Buy footprint. Best Buy will gain from a "Samsung experience" in its stores. Glentel operates booths in Costco Canadian warehouses now; Target stores next. This "Samsung Shop" in a Best Buy store will be serious competition to Glentel.   https

[mjh9413]

Yes, that Best Buy deal is a bummer but GLN has all brands, hey even Blackberry and the new Htc. Clearly the Samsung focus will be detrimental to a point but do you see that it is coming to Canadian stores (see only 900 by May in USA from 'Apple Insider' article)?   GLN had only 1 month of the USA acquisition (28 States?) in Dec end and had a $1.1MM provision for the

[McRambus]

Ok this is "downtrend" is getting pretty severe and sonmeone nows it. Earnings due out soon will probably be soft or the acqusitions are not doing too well and as usual the retail shareholder is the last to know. The brothers also filed to sell shares as well. Not acting right...