The Reject Shop has been oscillating between $6-8 range the last few months, this price movement is no different to the usual. Long term TRS is still trending upwards.
A better correlation IMO than using a two month old AGM is that if a large stimulus is announced (eg, USA news overnight) TRS goes down, and if economic turmoil is announced then TRS goes up.
Big fan of TRS especially with recent Tesco and gift card product lines.
TRS Price at posting:
$6.46 Sentiment: Buy Disclosure: Held
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