Post by
fergus2 on Jul 16, 2020 11:24am
Re PTQ's position in the marketplace
Today’s clip on BNN.ca: “Professor whose formula predicts bankruptcies has a big warning.
It refers Edward Altman, creator of the Z-score and professor emeritus at NYU’s Stern School of Business. it gives one sober pause. What’s coming down the pipes shortly ain’t pretty. I would encourage anyone who has not watched that clip to do so.
I would therefore alter my view that Crawford should rush his tuck-ins. Rather, he should take his sweet time. With 35+ million in cash and a modest share float this company has tons of momentum compared to the host of U.S corporate casualties strewn about, - and those numbers being added to almost daily.
For a small cap to be flush with so much money while so many others are passing out of existence, -and be in such a relevant and critical position re the Covid 19 crisis is the most amazing happenstance one could ever imagine. Call it a one off if you will, but no amount of human planning could ever have delivered such a fortuitous result. So hang on to your shares they are like the real thing… gold itself!
Comment by
soffriremeno on Jul 16, 2020 11:37am
Agree 100%. Buying shares almost every day now. Got very bullish after a swedish company (global sales) in the space reported Q2 today. The demand for ventiation is crazy!!!