NFI Group Inc T.NFI

TSX Down 350, DOW Down over 900, NFI in the GREEN

[RayDonovan78]

Could this be the bottom ?? Better news ahead ??

[WizardFuture]

I dunno, but I had the feeling in the past weeks that NFI was up on red days and down on green days. To be honest, I think the shorts are leading the show now. They're vultures thinking NFI can't refinance. I think they are wrong. We'll see... I think we won't have a bottom until the debt and the covenants situation is clear. The new contracts are profitable. Legacy contracts

[jollynik6]

Perhaps your right ,I took a huge loss   but due to my very very  profitble  Oils   I could use the tax loss,, If it stays at 9 or below might look at it again, To bad Elon would'nt buy them out

[RayDonovan78]

I did good on the Oils too, perhaps got out to soon but no looking back as I feel oils & gas are going out of favor again.

[WizardFuture]

I used to invest in oil a long a time ago, but didn't make good returns, and I did not really understand the nature of the oil business. So I decided to never invest in oil again. I changed my investment strategy to invest in stable companies like "NFI". It's not working well on NFI though, but my others investments are more than fine.

[RayDonovan78]

I have no doubt they will get there refinancing. NFI is not an over hyped tech stock or a Covid pump and dump stock. NFI is a real company that is in demand and continue to get substancial orders. Most banks will not move in on them at this point because they are still selling busses. To move in on them costs money and is a logistic nightmare with a ton of Lawyers and paperwork

[jollynik6]

Yes NFI  is a real company  with very very POOR MANAGEMENT<WAY TO MUCH DEBT,I took a tax loss on it ,and may buy back in Jan  but would have to be under  9.00 and would only do that  because I believe they will get bought out  ,My target would be 13.50 on a buyout.

[WizardFuture]

Who do you think will buy them?