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Canadian Investing / Canada - Microcaps


Subject:  Re: RS - major ouch Date:  10/31/2008  4:58 PM
Author:  tim443 Number:  3269 of 3296

Oops. Messy.

Yup, messy is a good word.

Interestingly, nothing happened for awhile... then stock dropped like a rock to 12.5¢... I put in an offer at that price,... by time I clicked "T", the stock started to move back up and closed down only a penny. Volume was about 8 times normal.

There is a lot I don't know but I do know that RS owns the manufacturing equipement. The fact that the credit union was trying to sell it leads me to suspect that they do not have their ducks in a row. They may very well have messed up on the disbursement thingy as well.

Meanwhile my new, and holdings all had a great week and my oversized position in PMT.un was up nearly 20%.

Great weekend all

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