RE:RE:RE:RE:RE:Did FOOD go out of business? Is it going bankrupt?I never bought the stock of that company. Think about it; what are their competitive advantages? Do they have anything unique?
They are burning cash...
And what catalyst can drive the business? I don't see any; end of the stay at home, inflation = we cook more, worst product for the environment....
Finally, what can we say about their decision to offer grocery delivery? A direct battle with Walmart and with Sobey's....
Not sure when, but this company will get to 0. Their last hope is to be sold...but they are all losing $ in this industry.