OTCPK:INPCF - Post by User
Post by
WheresMeGoldon Jan 21, 2020 7:58pm
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Post# 30580504
Repost: Where facts and opinions are clear
Repost: Where facts and opinions are clearSeveral situations and events helped to lead to the stock price decline over the last couple of years. Here’s my take on them.
1) There was a lawsuit against Input where the judge ruled in 2018 in favor of the plaintiff and said Input’s actions were unconscionable. The Appeals Court decisively overruled this decision last year, a clear win for Input. The plaintiff has asked the Supreme Court for leave. Imo the Supreme Court will rule the Appeals Court decision stands which would be another clear win for Input.
2) A class-action lawsuit was initiated a couple of years ago but from everything I’ve seen it has never been certified. Imo it never will be certified. And I doubt a lawyer will take this case on contingency unless it is allowed to be a class-action. And with the Appeal Court decision I believe Input’s position is extremely strong.
3) China restricted canola imported last March, hurting canola prices. However, today there are positive signs for canola. Crush rates are through the roof, vegetable oil demand is very strong, and Canada is finding new export markets. And undoubtedly the issue with China will be resolved in 2020.
Today Input’s cash and cash equivalents are worth almost twice its market cap after accounting for its small amount of debt. Input stock offers great value for investors.
All is JMHO. I’ve been adding to my position to take advantage of these prices.