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Clearwater Seafoods Incorporated T.CLR

Consumer Defensive Household & Personal Products
"Clearwater Seafoods Inc is a distributor of shellfish and seafood with operations in Asia, North America, and Europe. Revenue is largely generated by the company's European branch. Clearwater Seafoods engages in the harvesting, processing, and marketing of seafood. The company obtains wild-caught seafood through its vessels located within Canada and Argentina. Products are segmented into scallops, lobster, clams, coldwater shrimp, crab, Langoustine and Groundfish, and other shellfish. The scall


TSX:CLR - Post by User

Clearwater Seafoods Incorporated > The $2.00 pps hit was not warranted.
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Comment by Triggermanon Nov 01, 2017 11:01pm
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Post# 26891966

RE:RE:RE:RE:The $2.00 pps hit was not warranted.

RE:RE:RE:RE:The $2.00 pps hit was not warranted. The portion of revenues affected by the loss of a percentage of just one license is not significant.
the company did nothing illegal.  
Stocks over react to negative and positive news every day. 
Clearwater could easily end up purchasing from whoever gets the share of the license and still have the revenues.   There’s not a lot of competition in this market on Canada’s East coast. 
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