RE:I am selling my sharesIf I was holding, I would also sell. Half, just to take profits.
It you have "packs of shorts" attacking this overbloated stock, it's vulnerable. Add insider selling and you have a possible rush to the exit.
There's three facts here:
1. The stock was on a clear uptrend. When that breaks, it's going to be noticed.
2. I am very concerned to see the tangible book value behing negative dollars. Does anyone with deep knowledge on DOL.TO know why it's highly negative?
3. I don't see a lot of people buying food at dollarama. Many of the food are "knock offs" from the real foods?