Cascades Inc T.CAS

Year end trading

[Canoutchie]

This stock is certainly having a nice bounce today!

I picked up some last week after seeing that there was some pretty significant insider buying throughout December, and I figured that a 6% dividend paid me to wait a few quarters to see if the insider's conviction was correct. 

Large institutions are on a bit of a break over the holidays, and I doubt small retail investors like myself would move the stockpile this much, so I'll be curious to watch SEDI over the next few days to see if today's trading represents more insider buying. 

Either way, today's uptick was a bit of a pleasant surprise and hope it bodes well for the new year. 

GLTA

[Canoutchie]

sorry... meant to say "move the stock by this much"  but it auto-corrected to stockpile this much.   

[DominicHouleVic]

excitement because a shareholder has invested a lot. however, the recession will win the game and take the action of Cascades between 5.00 and 6.50. Today everything is green except oil.

[Canoutchie]

Fair point, but here's the thing... everyone and his uncle is talking about a recession, literally everyone I talk to mentions the same thing, so it's a bit of a stretch to think that much of this hasn't already been factored into the stock price, given that it's trading close to the lows of March 2020, when the whole market was thinking that there would be a mass extinction event