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SunOpta Inc. Message Board

  • goin4thegoldin03 goin4thegoldin03 May 18, 2010 12:02 PM Flag

    5 bucks...and no bison

    should be a whole new experience..i think you are right stereo...............lots of people waiting...we will see.............

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    • Walrus
      They are projected for 8c+ in Q2 which does not reflect a sizeable one-time net gain on the Canadian Distribution unit. IMO, the net gain will be as small as they can get it as they will have to pay taxes on it. The benefit to the company's books will be much larger than the amount of net gain. Long-term, I think we have to wait to assess whether the sale was good for the company/investors. If you have any interest, the CC transcript has some pretty good info.

    • Still hasn't closed above $5. I guess too much overhang from all those who listened to the megapumpers back in Oct 2008 (yes, that's right 2008) assuring them they were going to be missing the bargain of the century by not investing in STKL at that point. So here we are, almost 2 years later, and those who bought are probably anxious to get rid of STKL without taking a loss. Probably a mistake at this point, but I understand the feelings....been there, done that. A lot of battles were fought at $5 two years ago, but once it gave way,....well it really gave way. Now that the stock is moving up those same battle-lines still exist and $5 will be surpassed, but probably not easily.

 
STKL
5.27-0.20(-3.66%)Feb 5 4:00 PMEST