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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 > BNN, Indigo CEO Heather Reisman, Jan. 11th, 2021
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Post by Dollarboy on Jan 12, 2021 3:35pm

BNN, Indigo CEO Heather Reisman, Jan. 11th, 2021

I assume that this BNN Interview causes price action today.  https://www.bnnbloomberg.ca/indigo-ceo-calls-for-big-government-compensation-amid-lockdowns-1.1546984

So far I continue to stay cool and keep my shares. Despite the recovery in recent months, the stock is down from 20 CAD (2018) to 3 CAD now so in my opinion most of the bearishness is still reflected in the price. 

I must say that I am impressed by Heather Reisman. She will not back down.
Comment by Dollarboy on Jan 13, 2021 1:10pm
At around 6:50 in the interview we hear "tens of millions" which I interpret as tens of millions of lost revenue. However, BNN writes tens of millions of lost profit which may not be the case. Listen and make your own judgement. 
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