Thanks Dave ! No big deal, as you suggest Hutch probably did lose a lot of money on Gandalf. Hard to be clear thinking with a panic stock. This "catching a falling dagger" approach to investing really amazes me over and over again. It happened with Tee-Comm, Bramalea, and now with Gandalf.
Hey, there's still a chance that something might be worked out for Gandalf. I put the odds now at 90/10 against. For Ottawa's and Gandalf employees sake, I hope I'm wrong.
On a more upbeat front. These markets are amazing, I thought the US Unemployment report was mixed this morning, but the market took one piece of good news and ran with it. The next major report is PPI this coming Friday, if inflation is subdued the Fed may not raise in July. Irrational exuberance is an understatement.
BTW, did you hear about the DOW introducing index and other options ?? Along with eventual decimal trading ?? Wow, maybe the US will join the rest of the world and think about going metric.
Enjoy the weekend, we've got wall-to-wall sunshine and 25 C. for three days. Gotta go get my tennis and golf gear together.
Later
Jan |
