RE:RE:While WCP struggles, a financial journalist wrote yesterday:mrmomo wrote: Why promote a tech stock on a O&G forum, and a grossly @OVER@-valued S "you know what" Y Canadian tech stock at that, on a O&G forum? For no other reason than to dupe naive, inexperineced investors into buying @OVER@priced garbage so you can profit from them?
Caveat Emptor folks!..........First this post should NOT even be or exist on here. So just by that fact alone, you can more or less guess of the TRUE motives of the OP. Secondly, IF you need to go TECH never go with Canadian TECH unless you want to lose VAST amounts of money ........quickly! If you want to buy good, solid tech companies & profit from them long term .......you go American or Japanese NEVER Canadian.
So the message here is AVOID this overpriced garbage at ALL COSTS if you want to avoid losing lots of money. If you need more convincing on how badly things could go, just look at the last two heavily promoted & supposedly "promissing" Canadian financial techs that were heralded as the next big thing.......Nuvei & LightSpeed......better then sliced bread.....BUT eventually failed miserably and MANY poor Canadians......along with a bunch of naive Americans lost big bucks and will continue to lose BIG BUCKS! ...
So Caveat Emptor folks is the message here.....and if you want my wise advice.......STAY FAR AWAY from Canadian Tech stocks....which 99% are utter trash btw.....and focus ONLY (with one other exception!) on the resource sector when investing North of the border..........
GLTA
I love the garbage lol
"Propel Holdings PRL.TO announced today that its Board of Directors has approved an increase to its dividend from C$0.42 to C$0.48 per common share on an annualized basis, effective Q1 2024. This dividend represents an increase of 14%. Based on our strong credit performance, confidence in our profitable growth prospects as well as our solid financial position"...
Just before full year results. This is quite bullish...
Meanwhile WCP is still in the low $8 range...