Savvy Trades and Investments

[gilead23]

RTMAF I do still have a small handful of shares. I don’t see myself adding unless we get under 1.50 US. This is still a retailer completely controlled by management with a history of poor execution heading into a likely recession. Their inability to earn a profit last quarter raises fair questions about whether operating improvements were a post CCAA blip or if they are real.

Given their comments about the first half being weak a first quarter loss seems almost assured. That is normal, but if they actually lose money in q2 I could see this getting cut in half from where it is now.

At 1.50 it becomes a more interesting gamble given the cash and real estate.