$121.97 close June 16th 2017It's interesting the Amazon Whole Foods buyout has little or no impact on Dollarama today. It's not worth shipping sub $3 items online. Anyone here an expert in this type of lower end retail versus easy high end retail?
I frankly don't understand the synergies between Amazon and Whole Foods. I'm guessing Amazon wants to participate in feeding us. Amazon continues to be very efficient. It's amazing how fast the supply chain works if you want to pay the $7 per month Prime. That's equivalent to seven plastic things at Dollarama. I have to agree with the critics, I used to come home with things I did not need. I've stopped that practice. But in going in to buy a few other things I actually needed, I noticed no line ups on all recent occasions.
Technicals does show good support in the $121's But if we break that the bears start to gain some control.
I do have some concerns about this one, I welcome all trading play-by-play and any fundamental analysis that might have been posted in the past but which we missed.
Thank you.