Reitmans Ord Shs V.RET

Next report

[Tucker51]

Anyone know when Reitmans reports next?

[RedeyeGarf2]

September 14, 2023  https://www.reitmanscanadalimited.com/reporting-calendar.aspx?lang=fr

[nedstar71]

No posts in over a month here?  I decided to sell much of my position in the $3-$3.25 range.  I have this nagging feeling that I'd rather be out when earnings are announced, with the potential to buy back in, versus already in and some sort of weaker than anticipated report sends these illiquid shares into a panic downward spiral.  Dumb move?

[savyinvestor333]

There seems to be a VERY large buyer at the $3.00 price. To me his buyer will have done extensive research to commit this amount of funds at this level. Not sure where all the selling shares are coming from but think this is building a SOLID base at $3.00. Any upside news or earnings and we should have a healthy move up.

[nedstar71]

It does seem to have a solid buyer willing to take any and all at $3.  For me, I felt more comfortable being out than in, with the ability to buy back in at what may be higher prices if things are good.  This stock can be slower to react to the upside than the downside.  The one unkown is the long overdue uplisting announcement or share buyback.  If either of those happen all

[savyinvestor333]

We'll soon see. Results out Sept 14/23 I don't really want anymore Capital Gains triggered this year and am staying long. May be an interesting next few days if the bidders start wanting more shares before results are out.