RE:RE:RE:Lots of bankruptcies this yearBro, wake up. Companies are adapting themselves to the new reality, and we kinda of know who are cashflow positive and who will slowly die. Don't be a fool. I'm trying to buy shares at this level too, but people are not dumb, and not a lot of sellers after the tax loss deadline. Hopefully some short-term traders will be willing to take profit and sell their shares to you and me. And hopefully my bid will be higher than yours by 0.01$. Cheers. I'm a serious competitor to you. lmao.
Shortandcollect wrote: The stock is very vulnerable with this volume.
It is this third covid wave that will hurt the most and the Canadian Feds will not pay rent forever.
Rates are so low for companies and people to borrow more and spend because they are broke.
The provinces in western Canada are equally "broke" with mounting debt, no idea how to fix this, and in need to subsidize a desperate, moribund fossil industry crippled with debt, that was the main economic driver in Manitoba and Alberta a few years ago and was already dying before covid.
With businesses suffering and people broke, a period of big deflation is coming right after a short spending spree few weeks after covid is controlled late summer. This will hurt big time as many companies bave huge liabilities and depreciating assets. Big deflation coming, means no more spending and a long sustained depression. Guess where the markets are going, and which companies are the most vulnerable.