Diamond Estates Wines & Spirit Inc V.DWS

Peter Hodson on BNN

[Possibleidiot01]

DON'T BUY

Diamond Estates Wines and Spirits Inc. (DWS-X)

November 17, 2020

 

Lassonde buying 19% of the company was recent good news. However, the market cap is only $26 million (too small for him), there remains some debt, and the growth rate hasn't been spectacular. There isn't much trading here, which doesn't help. As a rule, he doesn't invest in companies this small. This will likely bounce in January. This stock isn't for everybody. He likes it more than before.

[bodiggity]

Hodson is wishy washy as it gets.  He recommnends stuff then he bails just a quick.  He is a real dodgy dude.  Diamond Estates will have its day.  Only a matter of time.  I have 200,000 shares at 15 cents.  I will take a buyout at 30 cents.