Post by
Martin1 on May 30, 2023 3:29pm
heading to one cent
Heading lower once again. If it goes to one cent then it will only take 1.3 million to take it private.
The bad is the thousands of dollars I will have lost on this investment.
The good is that it will create a healthy capital loss with CRA for me.
The real question is why didn't I sell years ago?
Comment by
kk-ppmc111 on May 30, 2023 3:57pm
Sound the alarm! "Heading to one cent" is invariable a message uttered at the point of maximum pessimism. If there is anyone left who hasn't been worn out from this value trap it would be beneficial to pick up your mouth guard off the canvas wobble back to your corner, reevaluate, and come back out swinging!
Comment by
Martin1 on Jun 29, 2023 1:06pm
Just realized that I forgot to place the ? mark at the end of the title. It does make a huge difference in what I meant to say. In other words, I was asking if it was heading to one cent. 16 cents today.