RE:RE:RE:RE:RE:RE:Bankruptcy Today was certainly unexpected & unexplained.
Only guess a combination of ATM & stop loss orders kicking in.
Regardless, news is coming & soon.
The blackout period has been explained by others.
One thing we can all agree on, lots of unanswered questions.
Back to our raving luny Uber proclaiming Canadians are a " cesspool of corruption " & would never happen in USA
one word " Boeing"
Great documentary. Boeing has intentionally covering up production & quality issues for years.
They greatly misrepresented the very important flaws regarding the 737 Auto control system.
Leading to not one but two deadly crashes.
That CEO walked away with a great golden parachute pacjpkage. No charges etc etc.
To this day, many of the internal quality controls have been stymied.
They worked on " maximum shareholder value" ....buying back shares, instead of investing internally on manufacturing & quality improvements.
Now....the price is being paid....
According to Uber Canadian corruption would never happen in the USA?
Kodak! Remenber that great American dream technology company.
leader in photography, photocopies anything printing.
The brilliant minds ( to boost sharholder value) , decided to source out the passing phase of digital cameras.... to China.
The competition they funded then built the infrastructure for lens technology now used in cell phones etc.
kodak still exists, but a fraction of what they could be, had they not been short sighted.
Canada is not perfect, USA is not perfect. To proclaim Canadians are a cesspool of corruption, total ignorance ( in the proper use of the word).
Then again Uber thinks Onc is a scam.
Speaking of Onc
Yes a Canadian company, with global footprint. Majority or recent trials were managed by outside sources & countries.
So, I guesss they too are in in the scam.