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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (49624)10/2/2012 5:58:06 PM
From: MCsweet  Respond to of 78740
 
AAB.TO AABVF,

I still have a full position. I am hoping for a strong uptick on the announced restructure/cancellation of the Dacha deal. I do wish their main holding SUE.TO were performing better, however. Recently SUE has given up some of its gains, and the restructuring announcement can't come soon enough for me. If only I could have hedged SUE or could go short Dacha right now.

Now that shareholders are irate and focused on management, I don't expect getting any malfeasance in the near term, but I am no longer interested in having these guys manage my money for the long term.

MC