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Bullboard - Stock Discussion Forum Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store... see more

Bullboard (TSX:IDG)

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(5)
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  • wheeloffortuneX
Post by wheeloffortuneon Jun 26, 2020 11:21am

Awesome. Another order filled at $0.85.

Keep dumping.  It's gonna make me rich!
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(24)
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  • BlueGuitar1X
Post by BlueGuitar1on Jun 26, 2020 10:39am

How long under $1.00 before delisting?

Is there a listing requirement to stay on the TSE? And then if it does not meet the requirement, does it go to the venture exchange or lower? Or do they do a reverse split?  That might work ...more  
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  • oceanelevenX
Post by oceanelevenon Jun 26, 2020 8:15am

Yikes!!!!

The Financial Post reports in its Friday edition that Indigo Books & Music was returning to profitability right up until COVID-19 hit. A Bloomberg dispatch to the Post reports that instead, it ...more  
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  • oceanelevenX
Comment by oceanelevenon Jun 25, 2020 5:36pm

RE:double down at 0.92

interesting....if sp gets under 95 again, I will bite the bullet here and grab a position...books will always be around fack amazon!!!!!
Comment by skibum45on Jun 25, 2020 5:05pm

RE:double down at 0.92

I agree... funds may be selling here, but float can't be much more than 7 million shares or so... At these volumes anon should be done soon. Anon net sell over the last month has been about 2.7 ...more  
Comment by mingzhuon Jun 25, 2020 4:57pm

RE:RE:over 50% book stores in canada will disappear in a few

why fair value is $3? The book value is $84m/ total 27m shares =$3.11.  If CEO couple want to take it private, it has to pay at least book value. for the billionaire  it is parket money ...more  
Post by mingzhuon Jun 25, 2020 3:01pm

double down at 0.92

sellers will be exhausted soon.
Post by mingzhuon Jun 24, 2020 11:21pm

CEO comments on conference call

"This pandemic is to be sure a seismic, once-in-a-lifetime event. For Indigo, like so many others, the impact has been and will continue to be significant. Deemed by government to be a ...more  
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  • wheeloffortuneX
Post by wheeloffortuneon Jun 24, 2020 4:58pm

Amazing. Filled two more buy orders today.

One at $1 and another at $0.95. 
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(24)
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  • BlueGuitar1X
Comment by BlueGuitar1on Jun 24, 2020 2:37pm

RE:over 50% book stores in canada will disappear in a few

Most people read on-line now.  If people want a in-hands book, then there is Amazon?  I think that is where people look. I cannot see $3 short-term? How do you come to that conclusion?  ...more  
Post by mingzhuon Jun 24, 2020 1:54pm

over 50% book stores in canada will disappear in a few

months after this pandemic.  Where do book custemers turn to: Indigo, the biggest ,strongest and survivor. That is my basic reasoning. I visited INDIGO in a shopping mall today  with the big ...more  
Post by mingzhuon Jun 24, 2020 11:01am

stupid retail investors always sell low and buy high.

that is why they always lose money. 
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(24)
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  • BlueGuitar1X
Comment by BlueGuitar1on Jun 24, 2020 9:18am

RE:book value is falling like a rock...

That is a good pun. "Book value is falling like a rock.".  Link to BNN interview: Indigo CEO interview
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(5)
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  • wheeloffortuneX
Comment by wheeloffortuneon Jun 24, 2020 12:37am

RE:RE:RE:earnings is out!!!! HORRIBULUS!!!!!

The difference is Gerry Schwartz is a majority insider who has a proven track record of turning around dozens of failing companies.  He has a Harvard MBA, worked at Bear Sterns a couple years and ...more  
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