RE:Historical salesGood morning, any thoughts on stock being manipulated beaten down by shorts, day traders or even TSX markets having no common sense. My trading account provides examples of similar companies like Tree Island Steel TSL Revenue 211 million- EPS- .05cents
trades at 61.2 x earnings
our DRX revenue is listed at 353 million EPS $1.65 trades at 5.6x earnings
would estimate DRX EPS in new year is $2.00 and should see an easy 10x to $20
other companies run on speculation, have no earnings, had a recommendation to win a participation award and the stock trading crazy x earnings.
TSX needs to be more accountable with companies like ADF with solid reputation for 65 years working hard and making money. I am sure there assets have been deprecated over the years, but it was cost a company a fortune today to do what they produce out their facilities. There reputation of service drives their sales. Service is their Salesman.
maybe someone is trying to buy them out and beat the hell out of the stock first.