Is III still a good investment... I think so... I am biased.
However, as its pretty easy for some of us to throw stones on glass houses.
To put in in perspective:
(and I agree III.TO will most likely get worse before it gets better...)
Current 5 year STEEP yield GIC from TD offers 1.8% return rate per year (compunded over 5 years).
If you have 10k invested in III.TO at 5.20$ (my current position - 2016 - 2k shares).
After 5 years GIC will return 940$ worth of 10,940$.
Stock III.TO in 2021 - has to be over 5.47$ growth of about 4% - to match the GIC
Sooo... if the company doesnt go under ...I think I could beat a GIC .. :) ....
And 5 years is considere a long term investement....
IF logic is flawed let me know...I will re-evaluate my positon and learn something new...and dont tell me again to do my own DD... I come here for ideas not crystal balls with no explonation.