GREY:CNTTQ - Post by User
Comment by
Eggplanton Jul 25, 2019 9:52am
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Post# 29958756
RE:RE:RE:Too Risky for even Shorts
RE:RE:RE:Too Risky for even Shortslet's put this in perspective>>>> it the Cann Trust really that bad? Perhaps this is overblown.
Facebook just yesterday fined $5billion dollars in the US and have to pay it. The US Trade anti trust commsion is also pursuing FB. The stock trades at $202US.
Boeing grounded all 737 Mach 8 planes and 2 planes crashed killing hundreds of people and yet the stock still trades north of $300 share
Maple Leaf Foods had a plant with listeria causing illness. the stock and comany were destined to be destroyed. MCCain made it a mission to correct the issue and the comany never looked back.. A successsful turnaround story.
On Aug. 23, a Toronto Maple Leaf Foods plant was confirmed as being involved in the outbreak of the food-borne illness, caused by the bacterium Listeria monocytogenes. A day later, Maple Leaf upgraded a precautionary recall of 23 of its products, issued the previous week, to all 220 packaged meats from the plant, which has been shut down. The company has estimated the recall will directly cost it at least $20 million, with further costs expected due to lost sales and advertising to rebuild its image.