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Colabor Group Inc T.GCL

Alternate Symbol(s):  COLFF

Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company offers specialty food products such as meat, fish and seafood, as well as food and related products through its Broadline activities. Its product categories include frozen food products, dry goods, dairy products, fruits, vegetables, meat, fish, seafood, poultry, disposable items, sanitation products and maintenance products. Its Norref products offer over 1,500 products sold fresh, frozen or live, including regional, exotic and eco-friendly fish, all varieties of seafood and processed products. Its Lauzon products include lamb, beef, delicatessen, turkey, game, fish, pork, poultry, veal, cheese, frozen food and portion. It also sells products under private brand, Menu. It distributes around 10,000 food and related products to 15,000 points of sale.


TSX:GCL - Post by User

Bullboard Posts
Post by Pat123on Jan 17, 2020 7:14pm
209 Views
Post# 30567444

Current trading

Current tradingOne of the big advantage of Colabor trading is the pattern due to leakeage (coming from insider level). Now the signs are clear...don't touch this stock until 0.40. The selling pressure is on. Then it could be a good opportunity.

Like in June/July, when Zucker sold +1M shares right in the middle of the turnaround or the heavy selling one day before the CEO left due to conflict with Briscoe's plans, the pre warning signs were there. Colabor doesn't know what corporate governance means. Or they do but the AMF or OSC are so useless that they can do what ever they want.

Plase, watch for insider buying before trigerring your buy. The new CEO and the other insiders have not put any marbles on the table yet.  The stock is $0.52, this should say screaming buy but nothing. Very bad sign for the short/mid term
Bullboard Posts