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Clearwater Seafoods Incorporated T.CLR

"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

Comment by rob1237on Feb 22, 2018 9:59pm
230 Views
Post# 27606763

RE:RE:RE:RE:52 Week Low Today!

RE:RE:RE:RE:52 Week Low Today!Unfortunately its the optics and future uncertainty thats killing this stock thats important to understand. Yes it makes no sense for such a crash but the stock markets doesnt tolerate future uncertainty. ...  the old saying "the stock market hates uncertainty" is certainly valid here. The question is whats next? What other licenses will they lose next month or year. Thats why it went down dramtically..its future earnings and quotas. With Justine space cadet u never know what u get...hes like Foresst Gump...stupid is as stupid does... 

So what to do? Best is to get out on a bounce. Those really stuck should just sit for awhile and let reality settle in. Averaging down is never a good idea but Perhaps average down 5% a month.   Just sit on yur hands for now.  Dont panic. Dont hope for any lawsuit to solve anything.

They have debt and over capacity now.  They will not go bankrupt. But i have feeling this will languish for a while...

my two cents 
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