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Bullboard - Stock Discussion Forum
RONA inc. Cumulative Floating Rate Series 7 Class
T.RON.PR.B
Consumer Cyclical
Home Improvement Stores
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TSX:RON.PR.B - Post Discussion
RONA inc. Cumulative Floating Rate Series 7 Class
> I SOLD
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•••
sicnarf
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Post by
sicnarf
on Mar 21, 2013 1:35pm
I SOLD
A LTTLE EARLY THIS YEAR. THE OLD ADAGE IS NOT TOO WRONG. SELL IN MAY AND GO AWAY OR BUY WHEN IT SNOWS AND SELL WHEN IT GOES.
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•••
jackpinesavage
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Comment by
jackpinesavage
on Apr 25, 2013 1:18pm
Not much love here for Rona. Most likely post partum blues following rejection of the Lowes offer. Irwin Michaels sees value in RONA, and insiders have been buying. I'm a yankee hailing from Minnesota. As I recall home improvement centers do their best business seasonally in the cold weather parts of the country. The benchmark has already been set at $14 IMO. That is a 40% premium over present
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