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Clearwater Seafoods Incorporated T.CLR

"Clearwater Seafoods Inc is a distributor of shellfish and seafood with operations in Asia, North America, and Europe. Revenue is largely generated by the company's European branch. Clearwater Seafoods engages in the harvesting, processing, and marketing of seafood. The company obtains wild-caught seafood through its vessels located within Canada and Argentina. Products are segmented into scallops, lobster, clams, coldwater shrimp, crab, Langoustine and Groundfish, and other shellfish. The scall


TSX:CLR - Post by User

Comment by eebleron Jan 04, 2017 11:49am
299 Views
Post# 25665994

RE:Today sinking like a bottomless boat

RE:Today sinking like a bottomless boatCould just be algorithmic selling since the technicals turned negative yesterday and the sp dropped below both the 10-day and 20-day moving average with today's opening.  It looks like the selling is petering out now, but nobody expected the Titanic to sink so could still be further down to go.

Definitely not alot of love being dispensed to them at the moment.  News of two "tough" upcoming quarters is scaring the short-term people out waiting for a better price to buy back in at.  The average daily volume has almost tripled in December as compared to November.   Not sure if that just shows more visibility and therefore more susceptibility to playing games, or whether it is a setup for something much better in the long run.  

One of those days where you weigh the value of picking up shares that are "on sale" as compared to two months ago.  
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