GREY:ALARF - Post by User
Comment by
Safetraderon Apr 18, 2019 8:02am
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Post# 29643035
RE:Valuable information
RE:Valuable informationWell, I'm invested in AD (a Calgary firm) and didn't like this price drop (overreaction). However I disagree with you. I feel it is good to have analysts looking at pink and dark side. Afterwards, it is up to us to decide how much and where to invest. NA analyst is just giving us the worst case scenario while some others are wearing pink glasses. So my friend, there is a big difference between not honest and too realistic. I'm just surprised that no other analyst did see this coming. I deal with CIBC and also had your reaction when some of their people had negative reports on some of my stocks……..not cool. Personally, I never put my trust in a single analyst.
AD has a very good strategy (not fully implemented) of putting 10% max in every partner. This reduces the risk. However I don't like the fact that they would deal with partners with a different vision and too largely involve with single customers. This seems the case of Providence and if they don't find replacement customers, there is a possible risk for Providence to go under.
Presently I guess it is unknown, but let's hope for the best.
GLTA