Post by
hcdtrading on Sep 27, 2022 2:46pm
Markets are tanking and looking like 2008
Look at the symbol JX ( tsx venture index) which SBM trades on. Doesnt look good for tsx venture stocks now or in the near future. This looks a lot like 2008 to me and every TSX venture stock got killed. SBM will not be spared. And why would it? Terrible company that is run by people who don't know how to run a company. Lastly I think everyone on here knows that the ABVIE deal is gonna suck simply because every deal they have so far made has sucked.
Comment by
biorun on Sep 27, 2022 3:52pm
Guess what buddy - the TSXV already tanked, several times. After the 2008 recession, it rose to 2439 after hitting a low in 2008 of 704. In February 2021, it was at 1098 Now its at 573 after falling from 892 last april. So chicken little, you are just bottom feeding, which by the way is a good strategy to pick up undervalued shares.