Rayonier (RYN-N)

Discuss your favourite picks, broker, and trading or investment style.
Post Reply
User avatar
scomac
Gold Ring
Gold Ring
Posts: 5921
Joined: 19 Feb 2005 09:47
Location: The Greenbelt

Rayonier (RYN-N)

Post by scomac » 03 Oct 2017 14:14

Re: What did you buy? What might you buy? (2014)

Post by scomac » Fri Jan 24, 2014 5:46 pm

Jumped back into Rayonier (RYN) the US timberland REIT today @$41.29, 31 days after I sold it for tax loss harvesting.
Just received my claim package in the mail from CIBCIE regarding the settlement that was reached in US court on a class action lawsuit against Rayonier, the US timberland REIT.

I don't expect a whole lot in return, but I will file my claims form as I was a beneficial owner during the 2010-2015 time period that the settlement covers. We shall see. Nothing ventured, nothing gained. Hopefully there's enough to cover postage and notarization! :lol:
"On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but deterioration before us?"
Thomas Babington Macaulay in 1830

OptsyEagle
Silver Ring
Silver Ring
Posts: 340
Joined: 25 Feb 2007 18:59

Re: Rayonier (RYN-N)

Post by OptsyEagle » 11 Oct 2017 11:31

Hopefully there's enough to cover postage and notarization! :lol:
Let's not get your hopes up with this kind of unbridled optimism. You should wait and see what your share of the settlement really is. Don't forget, there are still lawyers to be paid.

Post Reply