Post by
stocklover on Mar 26, 2008 1:54pm
CANACCORD SAYS BUY
My Canaccord Broker friend tells me : Word out of Canaccord apparently Trader Corporation will make an offer to acquire all of the issued and outstanding common shares on a fully diluted basis of ROAD NEW MEDIA CORP/RNM at a price of $.155 in cash per share The transaction is to be effected by way of a takeover bid. Trader Corporation publishes approximately 200 publications and 20 web sites covering four product verticals: automotive, real estate, general merchandise and employment. The company’s publications have a weekly readership of approximately 1 million and its network of web sites attracts close to 3.5 million unique visitors per month.Trader Corporation is a Canadian leader in print and online vertical media. The company was formed in June 2006 with the integration of Classified Media (Canada) Holdings Inc. (Trader Canada) and Trader Media Corporation (TMC) We may very well see a breakout as positions are being taken this week trading at 3cents so it's not too late and little downside risk. Great opportunity to make some money before the News hits all the wire services.
This is not an endorsement to buy or sell this stock
Comment by
mardy2 on Mar 26, 2008 2:40pm
Trader Corporation I will make a phone call
Comment by
simplycdn on Mar 26, 2008 2:42pm
I put in a small order at 2c
Comment by
madstock01 on Mar 26, 2008 2:52pm
not a lot for sale next sell order is at 5c
Comment by
simplycdn on Mar 26, 2008 2:57pm
if true 10c profit not bad
Comment by
mardy2 on Mar 26, 2008 3:02pm
Made the call I had the change to buy in at 3.5c sh$4t
Comment by
mardy2 on Mar 26, 2008 3:08pm
If this is true I kick myself for not buying on Monday