Goodfood Market Corp T.FOOD.DB

Ridiculously undervalued...

[Gringotts]

Based on quarterlies released this morning, the sell off has been way over done. FOOD is and will do well once COVID-19 is under control. 

Revenues up 71%

Record cash position $163M

Revenues reached $100.7 million in the second quarter of Fiscal 2021, an increase of $41.9 million, or 71% year-over-year.

Great quarter GLTA

[Analystika]

And getting more ridiculously undervalued with each passing week .....

[Fitbanker]

Guess mkt doesn't like the ER...

[Fitbanker]

What a faked out break the resistance and then 2 supports. I am out for a loss. What a joke.

[2young2invest]

Higher losses with higher revenue, lol. When pandemic is over, everyone will go to restaurants and forget about them.

[2young2invest]

Here we go, more losses...

[Legarsdunord]

They just keep losing more and more money even with record sales and the competition is ferocious 

[bmeister2]

I just don't know why we are down with more needles in arms,thus more families back to work and in more need of guicker, nutritious meals for ease and convenience even though it isn;t cheap but young workers don;t cook or bake as much today as my generation. Go figure

[ahsh1kah]

My wealth management advisor (tsinetwork) has changed their rating on Friday to SELL Among of many reasons is: Active subscribers rose in the latest quarter by 6.4%, to 298,000 from 280,000. But active customers fell by 10.4%, to 249,000 from 278,000. With the relaxation of lock-down restrictions and increased vaccine coverage during the quarter, Goodfood experienced a decrease in the number of

[bmeister2]

Up this morning,ahsh, so..... Fire your advisior. Lol. Nobody can be right or wrong all of the time. Even a broken clock is correct twice in 24 hours. Food will overcome.

[ahsh1kah]

bmeister2 - lol  well, as you know stocks fluctuates !! When an adivsor rate a stock to sell, it doens't mean the company going bankruppcy, it is just simply it will be difficult for them to make money (for many many reasons, and I mentioned only one) and is better using our money in alternatives companies.   p.s. Tsinetwork first time recomended the stock was in Dec2019

[2young2invest]

Oh lol, 60% loss since my initial comment. Wasn't that obvious back then?

[2young2invest]

Insiders are dumping shares. I dunno why I'm still followng this stock, just for fun maybe.

[2young2invest]

LOL, FOOD is toast. "SkipTheDishes, Canada's largest and most trusted food delivery network, today announced the nation-wide expansion of Skip Express Lane, its innovative grocery and household item delivery service. The rollout of Skip Express Lane across Canada will see the launch of 38 new fulfillment centres by mid-2022 from coast to coast, delivering local