SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Dorel Industries (DII.B , M or T) good earnings report
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hassan Lakhani who wrote (70)1/10/2000 1:27:00 PM
From: Jay Arkay  Read Replies (1) of 96
 
Hassan, Dorel exploding today, up more than $2.50 (B shares) to $29.80 as I write. Do you or anyone else have a clue as to what is driving this? It seems much too early for even a leak on the Q4 and annual results, as their quarter and fiscal year ended at the end of the calendar year, less than 2 weeks ago. Still, it is possible that there is some kind of leak or disclosure about the quarter's sales. It also does not appear that an institutional buyer has suddenly jumped in, since the daily volumes have been moderate, well below the 50,000 mark. The only spike in volume, one day with over half a million shares, occurred back in mid-December when the price was in the $23 range. So if it's not some leak on Q4 sales, is it just the market coming back to rationally value this company; not likely to happen all of a sudden so sharply or without big volume. Could it be that Dorel is pursuing another big acquisition target? (Just speculating?) Does anyone have news or thoughts?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News