RE:Investforce in or out?Very simple. I don't know why this is so complicated to understand. I'm just talking out loud and expressing concern, as I do for my Canadiens de Montral hockey team when I scream as if I know how they should play the game. Michael Zahra doesn't need our help or he'd ask for it. You also don't have to be on the ice to care or cheer on a company you like. I make money in my day job. DDC shares just paid for 2-3 of my 30 employees already, and possibly more.
But there is a reason to shout a warning:
Let's be clear: If DDC rises and valuation or shorts or failure to deliver or meet expectations happens, it gets burnt and dies out and might not recover. I've seen that happen to other companies so I was out here as of $1.37. This isn't sour grapes or I'd just move on. I will buy again when I see less hype and more fundamentals and if that means staying out, so be it.
As it stands now, we have to ignore the Dec 2020 financials because everyone will say it's 2021 that matters and analysts don't care about it so why should we. Okay, but what if the margins are bad or we see that Air Canada is not able to meet their part of the deal? We'll deal with that but I doubt anyone will be listening and maybe that's okay, I don't know.
Just watch jerome Hass shred Electrovaya on BNN and how that precipated the drop in that stock from near $3.5 to $0.28. He did it based on LOIs and MOUs he called them out on and made it his biggest short on BNN. GME is a more recent example where those that bought at the top got their margins called and it fell like a stone. Institutional investment did NOT rise significantly as of January 29. Would they be willing to get in at this level this late? Probably not. I don't think they give 2 cents about this board and are certanly not affected by "manpon" calling to anyone with horse sense that isn't calling "Yippe Ka'Yay". Profit taking and having this build a base lower down makes sense, but maybe I'm just "old school". First rule of investment I always live by: Prevent Loss. That takes real effort and discipline.