Bullboard - Stock Discussion Forum Boralex Inc T.BLX

Alternate Symbol(s): BRLXF

Utilities Utilities - Independent Power Producers

Boralex Inc. is a Canada-based renewable energy company. The Company is primarily engaged in the development, construction and operation of renewable energy power facilities. It operates in the production of three types of renewable energy: wind, solar and hydroelectric power, as well as storage, representing an asset base with an installed capacity totaling 3,051 megawatts (MW). It also... see more

Add To Watchlist

TSX:BLX - Post Discussion

Boralex Inc > BLX -- the Greater Fool Theory in action

View:

Post by Vega1357 on Jul 15, 2020 10:15am

BLX -- the Greater Fool Theory in action

The greater fool theory states that it is possible to make money by buying securities, whether or not they are overvalued, by selling them for a profit at a later date. This is because there will always be someone (i.e. a bigger or greater fool) who is willing to pay a higher price.

184

Comment

Comment by Vega1357 on Jul 15, 2020 12:53pm

$34.57 as I write this. The fools who payed over $36 must be kicking themselves right now. It never ceases to amaze me how many idiots will buy stock for no other reason than it's in an uptrend regardless of the price. Perhaps they learned their lesson this time.

102

Comment