Carter Bankshares Inc CARE

Made the List

[retiredcf]

Bearing in mind that most of these companies are private and/or started with a very low revenue base, CARE made the list at #9 with a 3 year revenue growth rate of 1391%. To put things in perspective, LSPD was ranked #153 and GOOS was ranked #441. Pretty hard to believe given the dismal performance of the SP. GLTA

REPORT ON BUSINESS

CANADA’S TOP GROWING COMPANIES 2021

Meet the trendsetters: The 448 most daring businesses in the country

PUBLISHED SEPTEMBER 24, 2021

[Clarifier]

Well all the awards in the world will not help shareholders if the Board does not start taking responsibility and taking management to task. If they wait 2 months again to say anything they really are showing that 3 bucks is fine with them since they already made their money. Not a good way to launch their next IPO from that umbrella. 

[PharmaGuy42]

There's no incentive to buy because no one is driving up the price. The smart people are putting in their buys at lower and lower prices waiting for existing shareholders to give up and capitulate to them. Until there is some type of catalyst to motivate buying, there's no incentive to buy up the order book if you can get it cheaper. At this point, their market cap is roughly 6X their

[Clarifier]

The sad part is some of this could have been avoided if they had not given away so many cheap options and if they had been more open with news on a more regular basis. I may jump back in when it hits 5$. This will hurt alot of Mtl investors who thought the Diagram Portage Powercorp name might have meant a good investment. Sad.