Post by
Canadaforoil on Oct 27, 2022 6:31pm
Over reaction on stock price?
I am glad to see it coming back, they still have strong sales. I believe we will see $12 before Christmas, based on strong sales and green technology backing.
Will it be taken out around the $10 mark, give or take? They have been saying for years they want to centralize in the U.S. so I can see it happening with an exit to Canada, giving Trudeau the finger while walking out the door.
If it is a takeover, hopefully a share swap with a major rather than a losing cash deal.
Comment by
1condor on Oct 31, 2022 1:15pm
Canadaforoiol...There is no way this stock will be 12 bucks by Christmas. You may want to reread the last earning statement and you will quickly realize why investors have been jumping ship. This is a company is dire straits. Not a holder but have traded the stock in the past.