Reitmans Ord Shs V.RET

Pretty Interesting Video

[Madmanmadox]

Not sure if you guys saw this, bought in after and up 50% or so. Should I sell, buddy seems to think it can go alot higher? 3+?

https://www.youtube.com/watch?v=QM0t1qh1iCk&list=PLaZ1z6EeAGwEtQSb5GpL2xn8CR8ynkz-v&index=62

[TheCount11]

Question to me is should I buy even more?  Company is supposed to be launching online Marketplace.  This could be huge over next couple of years!!! 

[Mephistopheles3]

You probably saw this morning, but Roots posted some decent results for the quarter.  Retail is still going strong right now, despite rate hikes and inflation.   I don't think the online marketplace will result in anything to be honest, it looks a bit gimmicky just to say that they're doing something.. i mean why bother when consumers can just go on Amazon and pull up an

[TheCount11]

Megan is doing an excellent job with Roots!  Brand strategy and execution are world class.  As I have said many times managing merchandizing and inventory to reduce inseason specials elevates the brand.  Sales increased 22.9% year-over-year to $47.8 million while gross margin improved 1.2% to 59.3%.

[TheCount11]

Online Marketplace My earnings estimates haven't placed any value on marketplace. It is another shot on goal.  Do I buy, sell or hold now? Stock trades for less than tangible book value.  If investors have assigned no value to the marketplace there is a free option.  The value can be substantial.  

[tomperns]

If the fact that we are trading at 25 percent of book value and a PE under 2 doesn't persuade you, then you definitely should not buy based on Market Place potential. I'm a buyer bc of the first 2 points.

[tomperns]

Just bought another 5k shares at 1.58 at 9:47 am and the trade shows nowhere and the coting shares are still at 1.31; what kind of games are they playing?!

[Mephistopheles3]

For the non-voting shares, most of them trade on alternative platforms, so you have to use a source like https://www.quotemedia.com/portal/time_sales?qm_symbol=RET.A:CC  to see the real picture of the trades going on.  That being said, even using those, I can't see your trade at 9:47 AM.  For the voting shares, those look to be all going through the Venture exchange.

[tomperns]

I bought 5k shares at 9:47 at 1.58 and then another 10k shares at 1.40 about an hour later, all to the same seller most likely