RSI,Roger’s Sugar Inc. (was income fund).

rsi l  2012rsi.to

Our Mission is to maximize unitholder value by being a high performance organization, supported by proud employees and focused on operational excellence

This is from when they were still an income trust (1997 to 2011). They have a monopoly on sugar refining and distribution in Canada. They are the only ones that have capacity to refine sugar from sugar beets, the genetically modified type from Monsanto.

We are fast approaching the 50% retracement level but what caught my eye is the rather nicely formed wedge, very near the upper trend-line. If correct this promises a drop to $4.25, too much to ride out.