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Bullboard - Stock Discussion Forum Indigo Books and Music Inc T.IDG

Alternate Symbol(s):  IDGBF

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... see more

TSX:IDG - Post Discussion

Indigo Books and Music Inc > next support is 1.73, followed by 1.30
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Post by mingzhu on Sep 09, 2020 9:45pm

next support is 1.73, followed by 1.30

profit-takers will be exhausted at 1.30. most earlier buyers like me bought between 0.9 to 1.30.Q2 financials will on Nov 4. There are no catalysts before this date. I put bid at 1.3 as i mentioned before.
Comment by skibum45 on Sep 14, 2020 5:11pm
I sold mine in low $2+ range. Just seems like so many undervalued smallcaps out there starting to move and I wasn't sure how IDG was going to go over short term. Longer term, still think it'll go up from here. CEO is dug in, tiny float, insider ownership ++, and Onex in the background. If it does get back down to that $1.30 range I might have to buy back in. 
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