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Bullboard - Stock Discussion Forum AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

Consumer Cyclical Auto & Truck Dealerships
AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates over 85 franchised dealerships, comprised... see more

TSX:ACQ - Post Discussion

AutoCanada Inc > Preparing to be taken over?
View:
Post by BeyondValuez on Jun 26, 2024 10:34am

Preparing to be taken over?

Massive insider buying at $20+. 

Company is selling at book value.

Company has forward PE of 8.

679,000 shares are short as of June 17th. 


This is primed to melt up on a short squeeze.
Comment by Amt576a on Jun 28, 2024 3:16pm
Probably reverting back to a REIT. Don't feel bad  though, everyone gets their hopes up about this stock and then finally walks away. 
AutoCanada Inc
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