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The Pantry, Inc. Message Board

redwinezealot 1 post  |  Last Activity: Jun 12, 2015 10:22 AM Member since: Dec 15, 2009
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    Presentation must have been poor

    by gerry189 Jun 10, 2015 4:43 PM
    redwinezealot redwinezealot Jun 12, 2015 10:22 AM Flag

    You need to do your homework my friend. Google this "Why Wellington Management Group Llp Just Disclosed Huge New Sunopta Inc Stake
    And by the way it was not the conference that hit the stock it was the downgrade from CITI and an insider sale. But the long term story is solid. Wellington knows something I and you don't know. They manage billions of $$ in stocks and funds. Waiting for $7 is like waiting for snow in the desert. Aint gonna happen. The lowest this could go is $9 if things get worse. Just selling their mineral business will lower their debt by $75 million. The worst scenario Wellington could force management to sell the company.

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