Weird the current stock action - Biggest volume of the year I do not understand at all, numbers are fabulous, like the P/E at current price is 7.7 whici is ultra low
Already a profit of 8$ in 2 quarters, like at this rate they could have a 12$ profit for the year and the stock is getting hammered.
I bought some shares today at current levels, this is really stupid.
Good thing they still have the NCIB to purchase shares.
The avg the bought there shares was 88$ which is higher then current levels
Also, they will cancel the shares purchased.
Reading the E/F they say that they expect the rest of the year to be strong.
Hope the stock bounce back next week.
Have a good weekend.