RE:No position, but I do have an opinion
Oh My! these "Debbie Downers" have nothing better to do in these days of social isolation/social distancing.
Debbie Dwoner: https://en.wikipedia.org/wiki/Debbie_Downer
https://www.hometrust.ca/statement-from-home-trust-on-covid-19/#statement
Sounds like they are coming to the rescue of clients, not running for the hills,..
They have the support of the Feds, and Regulators to help bridge the gap for all borrowers having difficulties brought on the by the Covid-19.
And now we are seeing signs starting to show up that the social isolation is working. Italy's new cases are flattening. BC is showing early signs the curve is flattening.
The unchecked rate of covid increases is 25%. Ontario has brought it down to 15%, And BC down below 10%.
And everyday there are more and more tests being done, Which leads to better discovery, which then leads to better containment.
I am optimistic that more positive news will come out in the coming days/weeks,
Don't let the "Debbie Downers" get to you. Read their garbage, process it(check your facts), and then file it under "G"
cobblehill wrote: With this ticker hitting a low of $5.06 May 2017, it is asinine to not expect further weakness. I have a basement of $3.58, an aftermath of the debt bubble bursting (that $ dwarfs the equity market and will be immune to any printing press stupidty) The impending corporate debt downgrades will destroy not only this stock, but many others just like it. It's your cash, suit yourself where you place it.