Counsel Corporation CXSNF

RE:its now been 3 years and 4 months...

[shawshank]

To refresh you past comments of one and a half months ago ATruth.
 

alltruth

 

November 27, 2015 06:34 pm

Bottom line with SCB is that without any management commentary, investors are left to assume whatever they want to assume.  In this market, with so many stocks offering upside opportunity, investors are re-investing into names that they know well.  Street is not a name that very many investors know well.  The fact that the daily volumes are low, no dividend, management silent on important information and operating in a space that has had nothing but negative headline news for 2 years and its little wonder the stock is down.  Long term guys that actually know the story hold the stock as mom and pops sell into a down cycle.  When #'s improve and milestones are achieved, this will head up in a hurry just as it did on the way down.  I'm letting the mom and pops sell and waiting patiently for this story to unfold over the net 3 years...this is not a monthly story.  All the best to the believers

The application and approval process is a long one-and arduous at that. There is a reason the the Canadian Banks are amongst the most solvent-respected-investment grade quality-and for many other countries the standard to model from/of and its because of that process to become a Canadian Bank-not inspite of it-that those qualities have been established over decades of existence.

That SCB is late stage in going thru that amount of scrutiny for approval should not be lost on anyone and presents huge hurdles of competitive advantages for anyone coming after to do the same as cost and time as two main barriers to entry are very obviously...Quite high. SS

 

alltruth wrote:  since they said 2 years.