Post by
vitaly on Sep 18, 2021 3:52am
2nd Quarter - upcoming financials
I am not particulary positive about this upcoming financial report. They should expect something similar to what they had previous quarter. It is not looking good for BB. Also, biggest red flag was president and COO selling 109K shares at the end of july. So, the insider does not anticipate any increase in share price anytime soon. They are in a competitve industry and their cash-to-debt ratio is horrible. Wage subsidies program is ending, so expect lay offs or increase in expenses. Hard times ahead.
Comment by
jollynik6 on Sep 18, 2021 7:44am
Insider selling some shares in a case like this is not a red flag ,the shares he sold where probably for the income tax due on sale,it is not uncomon