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Dollarama Inc T.DOL

Alternate Symbol(s):  DLMAF

Dollarama Inc. is a Canada-based company, which offers various assortment of general merchandise, consumable products, and seasonal items both in-store and online. The Company conducts its business through its subsidiaries, including Dollarama L.P. and Dollarama International Inc. (Dollarama International). Dollarama L.P. operates the chain of stores in Canada and performs related logistical and administrative support activities. Dollarama International has retail operations in Latin America through Dollarcity, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador and Guatemala and stores located in Colombia and Peru. All stores are corporately owned and operated, and are conveniently located in metropolitan areas, mid-sized cities and small towns. The Company operates approximately 1,569 stores across Canada.


TSX:DOL - Post by User

Bullboard Posts
Comment by Galoveon Apr 23, 2019 4:23pm
75 Views
Post# 29661455

RE:RE:RE:RE:Now it's time to get paid for your suffering !!!

RE:RE:RE:RE:Now it's time to get paid for your suffering !!!Decided to sell just before market close at $41.60. I am not convinced it will take another big jump tomorrow and coupled with the fact some analyst will have to publish and article claiming the stock is overvalued att the current price given the target prices range from $37 to $40 per share. 

Second part of decision was based on the fact I only had 400 shares and  I suspect it will do another pull back this week unless they post some positive news as the charts show a clear history of big spikes followed by significant pullbacks.  

I am also a fundamentals investor, but over the years the buy and hold strategy has come to be a bad idea once the market turns on a stock. Just look at the REITS. Thankfully I do not rely on my investment income as part of being retired.

Thanks for your thoughts all the same and happy investing.
Bullboard Posts