TSX:MRT.DB.A - Post by User
Comment by
Shirtlessnomoreon Feb 19, 2021 1:05pm
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Post# 32610853
RE:RE:The Trading Halt..............
RE:RE:The Trading Halt..............When the sun shines make hay right? I have always tried to pay attention to companies releasing financials in the past because sometimes even when they are decent there is a sell off so I look for that as an entry point, ironically that hasnt happened much in the last couple of quarters even tho they havent been stellar in a lot of cases, probably due to the simple fact that people arent expecting much, what I have switched my attention to is companies releasing NR's about dividend cuts, there have been alot and they have all proved to be perfect entry points. They all eventually recover and the drop in price sets up a nice ramp. In a year when this dividend is back to normal and the price is double ish you will be a winner on both yeild and appreciation. Also I've noticed every one of these boards fills with both negative and positive ideas, the negative wants cheap shares and the positive wants to control the drop, neither work well so I try to stay unbiased in either direction and look at both sides. When people are posting that dont normally post on a particular board typically it's because they want a piece or are interested. Posting on a board for any other reason is a waste of time imo.
HermannHaller wrote: Sahi was talking about things getting back to normal in 12-18 months. I think that is overly pessimistic. But no one knows for sure, and I guess it's good that he is cautious.
My money is on a quicker recovery, due to cases dropping and vaccines rolling out. I think this stock is still a great re-opening play, and could double from these levels over the next 12 months.