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Bullboard - Stock Discussion Forum Gennum Corporation T.GND

TSX:GND - Post Discussion

Gennum Corporation > Anyone out there?
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Post by radar03 on Aug 11, 2009 9:21am

Anyone out there?

Whats with the volume?
Comment by TheSearcher7 on Aug 11, 2009 4:39pm
I don't know about 'out there', but on the street now there's a fresh batch of ex-Gennum people, thanks to a 10% RIF announced last Wednesday.  There was an analyst call today so that may be contributing.  Have to find an archived copy.
Comment by TheSearcher7 on Aug 11, 2009 4:41pm
Whoops -- the call is available via webcast on GND's investor page: https://www.gennum.com/investor/index.php
Comment by mounty on Aug 11, 2009 5:21pm
TD has put out new analyst rating with a $5.50 target price today. That with the companys news on showing some positive results SOON! Not listened to webcast yet but seems institutional investors liked what they heard. Large blocks traded the past 2 days. Was hoping to pick up more bout $3.60-3.80...guess we'll just wait and see how this plays out.
Comment by TheSearcher7 on Aug 12, 2009 1:43pm
RIF's are often appreciated by institutional investors.  Sadly, it seems to be the only strategy the current executive team there has for increasing shareholder value. Let's see if we can drag out some other posters ;)
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