Post by
ramman1 on Dec 13, 2023 3:28pm
What might be the chances to see $ 5.85 or lower .
Moemoney 42: I don't think there is enough bagholders left to drive the shares down with tax loss selling.---(Surely,99%) of holders throughout the year would have sold in the high 7's and 8's and taken a nice capital gain afforded to all holders in 2024,many ,many ,exceeding my target 30% . --They could not be like Gibby and Westcoast, and ride this down. How many times have I mentioned 8% on the debt is ''very very tough'' to operate with , and how many times I've mentioned it's tough to make money driving 80 km to replace a $10 part ?,in a rural area . I'll be waiting for the capital realization plan(s), the 10% corporate cost cutting , ,and as the previous poster mentioned, possible 2 or 3 rate hike drops in 2024 may give the opportunity to renogotiate down, even if only slightly ,from 8% on the debt . Any relief in that area is a huge plus.
Comment by
westcoastlogger on Dec 13, 2023 3:34pm
If you think Gibby and Westcoast are the only two that have been long here since the days of PHM you should give your head a shake. I'm going to be around for a few more years and am not financially constrained and certainley don't need the money. Please don't concern yourself with what I do.
Comment by
westcoastlogger on Dec 13, 2023 3:48pm
Its a tightly held stock by many. Look at the large number of institutions holding this. I take that as a positve and not some penny flipper thats looking for a 20% gain on a few shares.
Comment by
Moemoney42 on Dec 13, 2023 5:04pm
I'll take a 20% gain over dead money for 3 years.. but hey that's just me.. I like money.. ;-)
Comment by
Carlito3311 on Dec 13, 2023 5:11pm
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Carlito3311 on Dec 13, 2023 6:23pm
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Carlito3311 on Dec 13, 2023 8:17pm
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Comment by
westcoastlogger on Dec 13, 2023 5:38pm
Well you do just that and I'll hold on to my shares and see what happens in 6-7 years ok??
Comment by
Moemoney42 on Dec 13, 2023 8:46pm
6-7 YEARS..!!! LMAO.. ya ok.. if its anything like the last 3 years those 20% traders are gonna make a killing and you'll still be wondering what happened..! Too funny.!
Comment by
westcoastlogger on Dec 14, 2023 9:03am
You'll be standing on the sidewalk with a stupid look on your face when they announce they've been purchased for 20 bucks a share.
Comment by
Carlito3311 on Dec 14, 2023 9:29am
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Comment by
westcoastlogger on Dec 14, 2023 9:46am
It will be like Westjet when Onex bought them out. Closed Friday at 18.50 and opened Monday at 30 bucks. Lots of people like my hater/bashers standing around with stupid looks on their faces wondering what slapped them in the side of the head. They were so ready to throw in the towel they couldn't see past the end of their noses. Sounds familiar to me with some of the mouthpieces around here.
Comment by
westcoastlogger on Dec 14, 2023 9:13am
Look at the five year chart. Up 165%. And thats just calculating 6.05 as the high. How can some loudmouth that doesn't own any of the stock be serious when he's suggesting this will be worth nothing in 6-7 years?? Your the one being laughed at.
Comment by
Moemoney42 on Dec 14, 2023 11:42am
Chances are pretty good this week for your target of $5.85... $5.88 already!
Comment by
Carlito3311 on Dec 14, 2023 6:09pm
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Comment by
westcoastlogger on Dec 15, 2023 8:39am
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