RE:What has changed?Expectations. I think there was a lot of hot money chasing the charts in conjunction with the possibility of an IMG takeover. RR hit the nail spot on. The hot money is gone and what
little is left is spooking the other nervous nellies into selling as well.
While Garland as usual, has presented a very good case for staying invested, selling
just creates its own momentum and once it starts, it takes a lot to stop it. Obviously the
sellers have given up on the story, which I admit has changed over time. It was all about
Nelligan and IMG and then Northern Supreme and now Felix.
Garlands bullish case has not changed but investors expectations have. Meanwhile there
has been a sea change in US politics and investors have pulled back from higher risk. That
could change quickly when Biden gets his major $T++ financial aid package passed. VSR
is still an attractive asset IMO, and looking like a better buy with each passing day.