August 12, 2013 Comments

On Monday the S&P 500 was down 0.1% while Toronto was up 0.4%. We had Toll Brothers up 1.8%. Melcor was down 2.4% but it is so thinly traded that day to day movements are not very meaningful.

Blackberry was up 10.7% on news that it wants to look at strategic options such as going private or being bought out. It’s pretty sad because this probably means that even the company itself has given up on any real future. This sort of thing is very speculative and I would not be too interested in speculating on it. But but certainly it could see a decent return if the right buyer comes along.

 

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