Though unpleasant to be in the headlines for something as juicy as associating with the Ghaddafis, a 21% drop in this company is unwarranted. We’ve held SNC-Lavalin since inception in the Canadian Passive Alpha Fund and continue to believe in SNC’s fundamentals. That said, there is cause for concern when $35 MM in loose money allow the firm to project a loss for the entire year. We’ve just picked up 500 shares and will be keeping a close eye.