This will Keep Sliding3% down yesterday, another 3% down today. Not a good sign, the pump is done.
I have an inkling that this will keep sliding.
No announcement from management so I think the EBITDA can't service the debt or why not announce it? Its been three weeks now since the new CEO took over and not even a peep. Rumours are running wild on Bay Street, and they aren't good ones! Bagholder Nation has left enough "messages" at head office. No one is getting a return email. That is what a company does when they don't have good news.
No insider buying either and if the stock is so cheap, why isn't the ceo - or anyone for that matter - buying any shares?
That is the reality here folks.