RE:RE:Either OrAimia/Aeroplan is at a pivotol point in its business history.
It is definitely
not business as usual.
At this point, investors in Aimia are looking to management to indicate what the new path forward is for the company and what will drive its profitability and growth in the future.
Quarterly earnings report are not very relevant except to assess the ongoing financial situation until Aimia announces its business strategy for the future.
Aimia has an incredible opportunity to take lemons (Air Canada departure) and make some great tasting lemonade by pusuing a cryptocurrency strategy...just like Kodak did with KodakCoin.
Hopefully, Aimia management, Board of Directors, and its major investors see this opportunity as well.
logicalzia wrote: islandbrook wrote: Either the recent sellers of AIM know something or are dead wrong. Wht else would the stock be hammered by 14% from the high in 5 trading days.My money is on the fact that they are totally wrong.The answer will be revealed on Feb. 14.
Just because the buyer is right, not necessarily means seller is wrong in stock market. Everyone has its own strategy of managing risk and return. And you shall always find buyers and sellers in stock market. and price movement is random in the short term, while longer term movement mostly follows fundamentals.