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Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store in Short Hills, New Jersey. The retail network includes 87 superstores under the Indigo and Chapters names, as well as 84 small format stores under the banners Coles and Indigospirit. The Company also offers a marketplace assortment of giftable products, experiences, services, and subscriptions on www.thoughtfull.co. Its Retail operations are integrated with the Company’s digital channels, including the www.indigo.ca Website and the mobile applications, which are extensions of the physical stores and offer customers an expanded assortment of book titles.


TSX:IDG - Post by User

Comment by Dollarboyon Nov 02, 2020 1:15pm
44 Views
Post# 31823504

RE:financials will be between Nov.4 and 9

RE:financials will be between Nov.4 and 9According to Indigo's webpage the report will be published tomorrow November 3rd. Typically the report is released after market close. Are you saying that the report may be delayed some days?  https://www.chapters.indigo.ca/en-ca/investor-relations/

For technically oriented investors we are at a Golden Cross (50 day avg will cross 200 day avg). Technical signals like that may attract a new type of investors who feel more confident entering the stock now when a bottoming seem to have taken place. In June 2018 Indigo's share made a death cross. The the stock price was 17 CAD. I am 100% fundamentally oriented but sometimes look at the technicals. Reading tea leaves is a big thing for many investors and much funds are allocated based on techicals so it is not irrelevant to know how other act.
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