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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products, after-market products and auction services. The Company also arranges financing and insurance for vehicles purchased by its customers through third-party finance and insurance sources. Its segments include Canadian Operations and U.S. Operations. It operates 83 franchised dealerships, comprising of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States of America. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, and Honda brands.


TSX:ACQ - Post by User

Bullboard Posts
Post by pinecone11on Mar 26, 2020 9:13am
175 Views
Post# 30848507

trader53 - re "hundreds of dividend funds"

trader53 - re "hundreds of dividend funds"Could you please provide a list of the HUNDREDS of dividend funds that currently own ACQ, which  would be forced to sell if ACQ were to suspend the dividend?

(I will assume, of course, that if you DON'T provide such a list, it's because you CAN'T (due to your ignorance of which dividend funds are currently holding ACQ)) 

How do you know that dividend funds have not ALREADY sold ACQ in anticipation of such an event? Maybe these fund managers removed their "rose-colored glasses" some time ago, and put on their black-colored glasses when they saw the black swan circling the feeding pond?

Or maybe you figure you're the only investor in the Western world with FORESIGHT?

No doubt you predicted COVID-19 many moons ago.
Bullboard Posts