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Bullboard - Stock Discussion Forum AirBoss of America Corp ABSSF


Primary Symbol: T.BOS

AirBoss of America Corp. is a Canada-based company, which is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the challenging environments. The Company operates through two segments: AirBoss Rubber Solutions and AirBoss Manufactured Products. The AirBoss Rubber... see more

TSX:BOS - Post Discussion

AirBoss of America Corp > I will consider this company has been bankrupt
View:
Post by jonwest on Dec 31, 2020 9:52am

I will consider this company has been bankrupt

I invested 6K and lost $700. 
 
I won't sell BOS until the end of the next year and will study CPA Canada PFE scheduled in May 2021. By then, BOS value drops to $1.
 
Please drop this to 0 and declare bankruptcy, I will earn 6K by getting a job. I will consider my all investment on BOS is lost.
Comment by Hungus on Dec 31, 2020 10:16am
Dude, chill out! Stocks go up, stocks go down. Good and bad companies alike. The good ones eventually prevail.  Airboss is a solid company, improving their net asset (book) value year over year over year. Eventually, they'll keep on making new highs in the stock market as well, to reflect this balance sheet performance. Embrace the volatility, buy more when it's cheap - or sell it ...more  
Comment by Robertson2020 on Dec 31, 2020 1:26pm
I couldn't agree more! I have been buying every day this week, picked up another 1250 shares this morning. Surely wouldn't invest my last 6k and ruin my life like buddy, if you can't afford to invest i would suggest a simple rrsp or maybe a term deposit. GLTA Robert A
Comment by jonwest on Jan 03, 2021 8:52am
There are many investment opportunities, but somehow this company has a good rating, and I was completely deceived by analysts.    Analysts again proved that they always choose the opposite direction, and the good high rating to recommend to buy is the indication that it's the time to sell all of them.   Investing in this stupid company, which only worth $7 per share, is ...more  
Comment by Hungus on Jan 03, 2021 11:35am
For crying out loud man! It is $15.76 now, which means you're only down 10% from your purchase price of $17.48. This is a volatile stock. What do you expect from buying stocks? That they immediately  go up after you buy on a sell off? Nobody can pick tops or bottoms. The best you can do is to buy good companies when they are on sale and wait for the eventual recovery. Don't friggin ...more  
Comment by jonwest on Jan 04, 2021 3:52pm
Thank you for your advice. It continues to go down still. I don't see any value in this stock.    What bothers me the most is that, by investing in this company, all of my investment opportunity is lost, but I can't sell this BOS now because the technical graph I created after the loss in BOS shows that it has reached the bottom. Today some investor bought the tremendous ...more  
Comment by Robertson2020 on Jan 04, 2021 4:07pm
If you built a chart confirming the bottom are you not agreeing to what I just said? Whats it worth for big money to pull this thing down, accumulate and shake out the sucker, I'd say a lot! My guess is good news will turn this lemon into lemonade very quickly. The market makers just need to know the profits have been invested into growth. Some new contracts would be nice too, I think the ...more  
Comment by Hungus on Mar 16, 2021 10:57pm
Ha! I told you! New all-time high today! (Closed at $30.98) Embrace the volatility man! Buy GOOD companies when they've been beaten down for no good reason, sell when they've recovered again. The more volatile the better. If you would have held on to your shares you would have almost doubled your money from 4 months ago. 
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