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Bullboard - Stock Discussion Forum Colabor Group Inc COLFF


Primary Symbol: T.GCL

Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company offers specialty food products such as meat, fish and seafood, as well as food and related products through its Broadline activities. Its product categories... see more

TSX:GCL - Post Discussion

Colabor Group Inc > The pressure is on
View:
Post by Pat123 on Nov 03, 2021 5:11pm

The pressure is on

Can't believe we are down almost 30% in 3 months with the stock market hitting all time high and everything is almost fully reopened. I guess a big holder is selling...hoping it's Briscoe. At 0.60 I will load the truck
Comment by Co2Harvest on Nov 03, 2021 8:23pm
Yeah, this draw-down has been hard to watch! Must be related to the media coverage of the struggles in the Canadian restaurants industry? Assuming that it is, I'm happy to hold. The restaurant industry will eventually find a way to redo it's business model. Given that Colabor also has institutional clients, I also can't help but think that they are better-positioned than some might ...more  
Comment by bucheroncapital on Nov 03, 2021 8:31pm
Let it sink , maybe we can pick up crazy cheap share because it's cheap now, the debt melted in the last few years , profitabilty is on the rise and non performant products and contract are ternimated no reason the turn around won't happen , it's real GCL will be a $2 stock at one point !
Comment by oldinvestor64 on Nov 04, 2021 1:21pm
One must wonder who is selling this stock and how much more is still to come ? Every bid has been hit since the q was announced.  How come the new director is not acquiring any here? This company will be an enigma fore most of us that think there is value here.
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