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Bullboard - Stock Discussion Forum Colabor Group Inc T.GCL

Alternate Symbol(s):  COLFF

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 > lol...really bad timning for my previous post
View:
Post by Pat123 on Dec 23, 2020 5:30pm

lol...really bad timning for my previous post

When I though everything was quiet and we were trading in a range, the stock has broken today the 0.75 support within hours...lol. I hope the pressure down will give us the opportunity to buy some share in the .65-.70 range.

One explanation for the drop could be the investigation related to the former CEO when he leaked his departure to friends and colleagues in Summer 2019 to avoid capital losses. The AMF is still investigating. Even thought Colabor shouldn't have any responsabilities in the investigation, the company name will still be associated to the investigation.

Anonymous has dropped more than 100K shares today. Insider?
Comment by Co2Harvest on Dec 23, 2020 6:54pm
Me too. I'd buy more in that range. Happy holidays! GLTA in 2021.
Comment by Pat123 on Dec 23, 2020 10:23pm
I don't know if it's a coincidence but anonymous was on the buy side for all the Debentures traded today with most of them at 3h59 today. Was it a switch from share to debenture by the same investor? Happy Holidays!
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