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AirBoss of America Corp T.BOS

Alternate Symbol(s):  ABSSF

AirBoss of America Corp. is a Canada-based company, which develops, manufactures, and markets rubber-based products. The Company serves its products to automotive, heavy commercial, construction and infrastructure, oil and gas, and defense sectors. The Company operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. Its AirBoss Defense Group segment includes the manufacturing and distribution of personal protection and safety products, primarily for CBRN-E threats, and the manufacture of semi-finished rubber related products. Its Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding related chemicals. Its Engineered Products manufacturing and distribution of anti-noise, vibration, and harshness dampening parts. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling primarily in North American markets.


TSX:BOS - Post by User

Post by jonweston Dec 31, 2020 2:00am
128 Views
Post# 32201643

I don't understand why I bought this waste

I don't understand why I bought this waste
I am a novice in stock trading, so I invested based on the analyst's rating. That is a big mistake!!
 
The generally accepted myth in stock trading is that the stock always moves in the opposite direction of the analysts' ratings. If they say you buy the stocks, you must sell. This is the case in this hopeless company. 
 
The analysts put 1.67 (0 is the highest, 5 is the lowest) and said strong buy when its price was 18.00. I bought it when it was 17.48. Now it goes down to 15.00 !!. It will fall to $9 or $7 within the next few days. 
 
I was crazy to listen to analysts' ratings. I will never do this again.
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