Post by
InvestForce on Mar 10, 2021 5:13am
Bank of Canada taper decision could be good for DDC
DDC has no debt so if the Bank of Canada taper stimulus and eventually raises rates, sure the market may fall but DDC will eventually stand out as a better buy. That's unique for a speculative stock and rare. I didn't say anything because I didn't expect this decision to come so quickly on taper as it is in the news only lately but that's why I got back in recently. Hard to tell if the market will see it that way so it's just my guess.
Comment by
GoodTimesAhead on Mar 10, 2021 6:14am
Nice point. You're right that having no debt may help us stand out as interest rates rise and people look more critically at stocks with more outstanding debt. Be interesting to see how quickly they rise. I hope people have locked in rates. A lot of people went ceeditnjaply during this time. Houses, cars, renovations.
Comment by
pkrash on Mar 10, 2021 9:18am
Wait ...so now you're back in because of the BoC?!?!? Not because the share price dropped under $1.50? How many shares did you buy?
Comment by
InvestForce on Mar 10, 2021 9:50am
Pkrash, how about you learn to read, and be respectful? I don't need to alert you when I bought and how much. Obviously it was when it was low, as implied by the word "recently". The point about BoC was a thought and how you could turn that into a personal attack reflects badly on you. But I guess this post of mine will just trigger you more.
Comment by
InvestForce on Mar 10, 2021 1:54pm
The 7,500,000 share sale of Fidelity shows one example of net sales that was not short covering, although that was from February, not the past 2 weeks. Not everything is about shorts. Fewer investors are trading, volume is "normalizing", short interest is dropping.
Comment by
InvestForce on Mar 10, 2021 1:55pm
Sorry, I mean shorting, not short covering. My apologies.
Comment by
GreekTitan on Mar 10, 2021 3:17pm
Very well said. As usual, you resort to facts. You resort to respect and courtesy. Unlike other people who resort to name calling... Ridiculous. We're online people... Some people may have mental disabilities... Let's have some respect and foster quality conversations.
Comment by
brad753 on Mar 10, 2021 4:19pm
Wow all 5 accounts of PKASSRASH liked your post. Now that makes you suspect. Hahahaha
Comment by
brad753 on Mar 10, 2021 5:35pm
You still upset that I showed everyone you begging me for advice after saying I was wrong when I predicted the price would drop like a rock from 2.50? Haha
Comment by
brad753 on Mar 10, 2021 11:48am
He did the same to me, he won't drop it. He's a lonely old man. I had to put all his accounts on ignore. He has 3. And he'll go in and like his own comments. I think there is some mental illness there.
Comment by
InvestForce on Mar 10, 2021 12:29pm
I'm afraid to say "Hi" because he'll me I'm wrong!