News Focus
News Focus
icon url

Retirement

09/08/08 2:28 PM

#255 RE: slyolfox #254

For the past few weeks the dollar has risen quite a bit against the Canadian dollar ...Where SKVY has had to write off currency losses against the net with the strong C-dollar, that will now reverse helping the net profit line.
As for the buyout prospects of SKVY ....That will eventually happen, IMO, but since insiders own 65% of the stock ...(Murdoch with 60M shrs)the stock price will go up on whatever premium value gets put on the company. If Murdoch can keep SKVY on a profitable run ,,,the stock will have the value.