RE:Would The Private Equity Firm Ruining Roots Please Stand Up?Patience!!!
Someone manipulating this stock at this stage that brings this super low & totally unrealistic price level... Next 2 quarterly results will be very critical..
Hope we will see a good results on 9th September quarterly announcement!
I still believe this stock will fly up high eventually.... Still a profitable company & stock price is way below book value at this moment!
Hopefully we will see benefits of Online sales and new centralized distribution centre planning strategy soon.
Good luck longs!!!!
NLMoose wrote: Over the last month, in spite a buy recommendation from numerous investment firms, Roots shares have now hit record low levels no thanks to one private equity company whom decided not to buy shares in this great company and ruining it for everyone else.
I wish that Alex Ruus and other investment analyst reveal the company responsible for ruining Roots investors as a result of bailing and making us suffer.
If there was any justice whatsoever, Roots shares should be climbing to TD Investments' target price, at $4.50 a share, NOT falling to a record low $2.65 a share.
Therefore, would the private equity firm whom bought Roots shares and flipped it please stand up?
Shame on these investors for being negative on Roots and lowering its share price to record low levels.
Enough is enough, this Roots Downplaying ENDS NOW.