Why retailers should trust anyone? wheter is management or analyst.
They all have their own hidden agenda.
Vero has look for some time like a falling knife and I have heard many times (never try to catch a falling knife) just look at VRO plummeted in just 2 months from 3.15 level to to 1.60's level?
Someone explains to me how in heaven a stock jump 12% on no news?
TSX is up less than 1% Nat gas is trading at lows of 3.17 only .01 Cents up,
VRO's next earnings are not to be reported until 74 days from now.
Surely Management, Bondholders, MM's, Analyst and Banksters have much more information that us the retailers.
Is anyone going to tell me that the reason of today's 12% jump is because the tax loss season will be over tomorrow and investors are starting to put their money's back into stock?
To me it looks like total manipulation, the big boys sell sell sell and scare the heck of of retailers, then grab their shares at ridiculous prices and make a killing. Who cares for the small guy anyway.
Trust you instincts and do not sell on fear.
Just my thoughts and happy Christmas