Sometimes trading doesn't have to be hard, just buy good businesses. Here is your chance of buying a highly efficient business with strong margins over 50% recently valued at 2.2 Billion / $33 share. Currently trading at $9.58 Aside from the march low of $6.30 due to covid you have to go all the way back to 2004 to find it trading at this price. Think back to 2004 for a minute, Facebook was just beginning, IPhones didn't even exist. I personally own 5000 shares of it around $8 and plan to hold it for years to come.
@hdoone, I was stopped out of it around $8 I will revisit in the future as I believe the negative sentiment around cineplex and its debt obligations will go away once the overall picture is clearer
helpfulSuccess4044
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Are you adding more into your positions?
AthenaCapital
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@helpfulSuccess4044, no I was stopped out of it around $8. onto the next one