Reitmans Ord Shs V.RET

Settling in for the wait

[Northforce13]

Time to settle in and wait. 

So long as results are half decent for the next few quarters, It's going to take a couple of years for all the catalysts to hit for this stock (some already have), and for the share price to gradually and steadily react and reprice.

Reminds me a lot of CPH, Cipher Pharma, my posts are all over the boards on that stock.  Loaded up at 1.16 average, about 1.5 to 2 years ago, now she's brushing 3.80 and becoming reasonably valued.  I've been selling a wee bit off.  The tax bite isn't fun.

Learning patience is one of the most valuable qualities for an investor.  I see most of the posters on these boards are like heroin junkies and they would want to get a daily fix without which they go into mental meltdown state.

To all you junkies, if results remain solid, RET will implement a dividend, probably relist to the TSX, and might also buyback shares, over the next couple years.  If you want wait that long, you could always consider selling your shares and finding a pusher to get you your fix so you can calm down -)

[tomperns]

I hear you but very frustrating. I bought 10,000 shares this morning at 2.47 and the market makers buried the trade. They show 1,000 of the 10,000 and moved it back to 2.32. My second 2.47 purchase of 5,000 shares was after Morgan Stanley's dump at 2.32 and did not show at all. I feel like this management will attempt a cheap buyout; then again, I'm giving them too much credit for being