TSX:INO.UN - Post by User
Comment by
Shirtlessnomoreon Nov 08, 2022 11:19pm
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Post# 35084159
RE:If I owned this stock ....
RE:If I owned this stock ....There are only a couple things you can do with a stock, hold it or sell it, so it's not really that difficult to figure out what you would do if you owned it, it sounds as if you dont so why worry about it, I'm on the fence whether to add to my modest position or just hold what I have but what i have I'm not selling, no guts no glory, see easy! Cheers.
hawk35 wrote: I'm not sure what I would do. INO is already in breach of their debt covenants. Loss of a major tenant next year will trigger all of their covenants. If the recession comes, the banks will act to protect themselves. Banks will demand the dividend be suspended and they will increase the interest rate they charge This is what banks do. Once upon a time, this was a good stock to own. Not any more.