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Bullboard - Stock Discussion Forum ADENTRA Inc T.ADEN

Alternate Symbol(s):  HDIUF

ADENTRA Inc. is a distributor of architectural building products to the residential, repair and remodel, and commercial construction markets. The Company operates a network of 86 facilities in the United States and Canada. Its flagship brands include Frank Paxton Lumber Company, Hardwoods Specialty Products, Mid-Am Building Supply, Novo Building Products, and Rugby Architectural Building... see more

TSX:ADEN - Post Discussion

ADENTRA Inc > Today's Action
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Post by retiredcf on Mar 16, 2022 10:57am

Today's Action

Good results, analyst upgrades, a positive day in the markets and.........we're in the red?

I know the old saying that the market can remain irrational longer than the investor can remain solvent but it does make you wonder if the Market Makers are playing around with this stock. GLTA
Comment by Eastbank on Mar 16, 2022 11:10am
Agree Retired...either the Market Makers or short sellers holding this stock back following phenomenal quarterly results. This company is firing on all cylinders! GLTA
Comment by Eastbank on Mar 24, 2022 4:37pm
Looks like short sellers at work on this today, despite ongoing favorable financial performance. It's doubtful there can be any other valid reason behind todays decline on higher than normal volume!
Comment by claritas on Mar 24, 2022 6:13pm
Actually TD removed HDI from its Canadian Small Cap model portfolio citing slowing momentum in lumber and housing related equities.
Comment by Eastbank on Mar 24, 2022 7:18pm
Thanks Claritis, hadn't seen that if it happened today, however Hardwoods never got any love regardless...and the change more sector related than specific to HDI should not have warranted 5% decline in the stock. IMO only. However the market has spoken!
Comment by prophetoffact on Mar 25, 2022 6:47am
This post has been removed in accordance with Community Policy
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