TSX:CHE.DB.E - Post by User
Comment by
Dementedaccounton Feb 16, 2021 10:45pm
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Post# 32581580
RE:RE:RE:Technical Breakout?
RE:RE:RE:Technical Breakout?Kherson wrote: Dementedaccount wrote:
Kherson wrote: According to the Demented One, a Technical Breakout occurred last week! Looks like that assumption ended quickly.
Looks now like a Technical breakdown has begun!
Kherson
dude...you are an idiot...do you notice no one likes your posts and only engages with you to criticize you...and yes the technical formation is still intact and we will see if it can continue...so crawl back in your hole...I would rather trade on technicals and indicators that on 6 and 9 month old insider sales...LOL.
The Technical Formation as you call it is no longer intact. That old adage about the smart money selling on news is rearing it's head yet again!
What you have got to keep in mind is that Chemtrade has repeatly stated their Guidance for Adjusted EBITDA for 2020 would be between $300 - $350 million. As per the 3rd Quarter Financials, the 9 month Adjusted EBITDA was only $221 million! Now if you think that David Newman's call on the 4th Quarter EBITDA is close to the actual number, which he stated a figure of $47 million, that gives Chemtrade an Adjusted EBITDA of only $270 million for the year, 10% below their lowest Guidance!
The end result is that Chemtrade can no longer continue to pay a distribution!
Kherson
Blah...blah....blah....blah...blah....blah...blah....shut up fool...LOL