GREY:XEBEQ - Post by User
Comment by
savyinvestor333on Oct 29, 2022 10:12pm
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Post# 35058208
RE:RE:RE:RE:RE:Here's a strategy ....
RE:RE:RE:RE:RE:Here's a strategy .... So almost the same idea but not CCAA FAR on Toronto had a debt restructuring leading to a reduction of 55 million of it's debt last year. It's a small cap illiquid trader but Ihave a made good money on this and exited totally at the end of 2021 after holding a large quantity for probably 5 years.. The shares have really backed off lately and I have reentered over the last 2 weeks.with a fairly small position. Earnings were out friday and very good. Due your own due diligence as I don't want Whognu to blame me for loses. I will say I at least put my picks out there and actually buy shares not just preach I might but never disclose my holdings. You just have to look at my profile pick to see all my picks don't end up like XBC. Still waiting for the detractors to post thier 10 year performance reports. For the record I will probably be taking a 2% hit to my annual performace this year on account of XBC but since the trading halt my portfolio is up around 10%. It pays to be in the game and not just watching from the bleachers most times. PS I have been long gone from VXTR but have bought META yesterday.
https://money.tmx.com/en/quote/FAR/news/5851823370444368/Foraco_International_Announces_Consummation_of_its_Debt_Refinancing_Leading_to_a_US_558_Million_Reduction_of_its_Debt
Foraco International Announces Consummation of its Debt Refinancing Leading to a US$ 55.8 Million Reduction of its Debt filoux004 wrote: You are not following me you extract from those lists the public co that have been halted and gone under CCAA. Then you follow the process to see if they will be successful in restructuring and possibly maintaining a listing. Make sense??