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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates about 82 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 27 collision centers.


TSX:ACQ - Post by User

Bullboard Posts
Post by pinecone11on Oct 08, 2018 6:19pm
37 Views
Post# 28763515

Sir DP protects Cliches by investedwolf

Sir DP protects Cliches by investedwolfThe following post by investedwolf contains no (NADA) informational content whatsoever. It is purely a collection of shortseller's clichs meant to create panic selling. But this is kind of brainless horse---- that noble Sir DPeabrain, in his shiny silver armor/armour, rushes to defend. The question is, IF, by the clause "the ship is headed in the wrong direction" Mr Wolf is really saying "the ship has been scuttled and is already sunk (ie underwater)", then one would assume that Senior Management have ALREADY staged their exodus(es) or they have exo-died and gone to Davy Jones'es locker. AND why would the owner of a ship that has already sunk and is sitting on the bottom be advertising for new crew members? AND what difference would it make if such a sunken ship has not been righted (even though it could be sitting on the bottom top side up)? --------------------------------------------------------------------------------------------- investedwolf - The dead cat bounce is already losing steam and I expect another major dump is in the works. I believe that ACQ is very likely to to begin feeling the pain of negative cashflows and that will rock them to the core. This is a monster and as we have all witnessed the ship is heading in the wrong direction. Watch for a huge exodus of Senior Management. Keep an eye on indeed and when you see them advertising for General Managers in the metro markets it will be a clue that the ship has not been righted.
Bullboard Posts