Post by
javaman12 on Sep 21, 2022 1:17pm
RE:RE:No need to panic
I am of the opinion that this talk of recession is somewhat just overblown rhetoric. Sure a few high paying jobs may have been lost. But many of these highly paid professionals weren't really necessary for the survival or success of their businesses. Once inflation becomes more manageable, these folks will likely soon be hired back! After all, many of them are simply the hiring professionals that are no longer needed in these very uncertain times.
The interest rate is simply returning to a more normal trend. Inflation in Canada is already trending downward. People are so easily panicked. It just kills the goose that lays the golden egg!
The hard core worker, mostly the little guy, just can't be let go. I mean you might as well just close up the shop!
As far as the auto sector goes, my understanding is that these same automakers, just can't get their cars and trucks out the door fast enough to meet demand! LOL
Prices are rising too because of the shortage of vehicles. What's stopping more sales is simply a lack of auto parts. Provide the parts and the prices will start to decline. It's a logistics problem. But it can and will be fixed. Turkish natural gas prices remain elevated but energy prices in the West have substantially declined. That will eventually factor into the inflationary picture as transportation costs continue to decline.
So should we think that a lack of supply will cause a recession. Not very likely!
People have just gone a little crazy. They get too easily rattled. Panicked sellers force financial institutions and market funds running mutual funds or ETFs, to sell everything down! Lots of good companies are being sold for no good reason. But the high flyers with little potential for making any profit were never worth the dollars spent, attempting to chase them them up. As always, the baby is thown out with the bathwater. That's just how the stupid system tends to work!
The fox is temporarily in charge of the hen house. But the farmer is about to take care of that situation. It's a problem that the farmer can fix rather easily. He has done it many times before.
The central banks will have to raise the rates just a little. That will put a cork back into the supposedly sinking boat. What a laugh!
All will be good again!
But the idiot Putin is still in charge of mother Russia.
Those fools never learn!
All the best! Java
Comment by
Limitup56 on Sep 22, 2022 10:19am
insiders are dumping stock at record amounts, do the math.
Comment by
Snakebite18 on Sep 22, 2022 10:38am
Don't know where that's going. Even insiders like to make a profit now and then. Most have been holding for sometime. Nothing wrong with skimming some profits. In fact, I'd be surprised if they didn't. A lot of green in there as well. .https://sec.report/CIK/0001648636/Insider-Trades
Comment by
TheCardinal on Sep 22, 2022 12:56pm
That's an SEC report whose most recent data is nearly a year-and-a-half old and before Trillion moved its domicile from the U.S. to Canada. Let's see some recent selling that can be followed via Canadian Insider or some other "insider trade" source.
Comment by
Snakebite18 on Sep 22, 2022 3:01pm
https://m.insidertracking.com/node/7?menu_tickersearch=TCF*CA+%7C%7C+Trillion+Energy+Intl
Comment by
Snakebite18 on Sep 22, 2022 3:03pm
Click - filings by date or transaction date
Comment by
woolco on Sep 22, 2022 3:33pm
This is so old...and not applicable...that it's short spam. Waste of time to even read or consider. Art and team...excited and holding very strong with gushers about to hit from drilling. They know this stock is ready to explode with the drill results in a gas field they already fully understand in its capacity/gas holding.
Comment by
Snakebite18 on Sep 22, 2022 4:06pm
Absolutely it matters. Unless your of the short term investors. Meaning day trader mentality. Means everything when your looking months out. All kinds of factors and indicators can come out from what insiders are doing and at what price their willing to pay. As well, holding periods. Etc.....It all matters when making decisions.
Comment by
TheCardinal on Sep 22, 2022 12:52pm
Please cite your source for this alleged "dumping"; I find no recent activity on Canadian Insider except for Initial Filings and Option Grants.
Comment by
CLOUDER on Sep 22, 2022 12:55pm
i think 56 is his IQ, LOL. sorry ma it was just to funny.