RE:RE:RE:The other side of the pandemicTommy123 wrote: What is going to happen in a recession and people can't afford to fly?
maplak wrote: I don't think it is too late to buy Chorus. The company is back buying shares and I think till done share price is going anywhere. I also think that we just entered a bear market since lot a of money moved from stocks into bonds and GIC's and simply there is not enough liquidity to push stocks much higher. The ball less investors moved their money into GIS's.. If you look at the terms one year GIC pays more than 2,3,4,5 term. That tells me that the high interest rates are not sustainable simply too much debt around . I believe in the first quarter of 2024 inflation will be in line and banks start lowering rates again to stimulate the growth. Till then i will wait and hydrate collecting dividends.
TransTommy123 got time to chime in on CHR. Why don't you tell us about your $10 price target on bankrupt Just Energy at $0.03 today? You say you work for hedge fund as CIO. So explain why your top pick JE has gone bankrupt.