RE:CREW the DREAMERS CLUB BB. I think part of the problem is the very low volume. Sure, Equinox and Canoe own more than 10% of the firm each. They could never sell their position.
Look at today's volume on the TSX...78,000 shares. That's essentially $325,000. If a $1B fund wanted a 5% weight in Crew, they would have to buy 12 million shares. Then, how do they get out? If a fund manager wants exposure to the space, go with an ARX, TOU or other large cap names.
Dale's job is to unlock the value in this name.
upinmuskoka1 wrote: CREW is now over .50 cents less than when I bought my first share at $3.70 back in 2017. This board had become nothing more than a dreamers club grasping onto any tidbit any morsel any chart that would give us reason to justify why we bought this stock in the first place.
I notice that Canoe Financial keeps adding every month at these very low prices. If CREW was such a great company would not other funds be falling all over themselves to buy this stock at these pathetic low prices?
They are not. Why?
I still believe CREW will hit $8.50 but it will be only on Dale’s timeline. Maybe it is time for a new CEO, one with a new and different vision of how to award us long term shareholders before we all die off.