Q: Hello team,
Is BUS even worth keeping. Some 14000$ after, I am down 87%. The problem is that it is in an RRSP account and I can wait, but I don't want another CXR. I can still stop another 2K loss on this dog. My real question is about their investability. Who would want this dog? How much debt they have and can they service it until this period is over in the market? What is their backlog like and can they get manage well and stay solvent? The stock was around 0.60$ prior to the recent events, can they make it back there once small caps are back in favour, or something else is fundamentally wrong with them? I can average down a bit from my 1.98$ which I am sure you would reject, but I thought I would ask anyway.
As I said, BUS is in my RRSP and I can wait, but I want to hear your non-emotional assessment and be a forward looking investor instead of clinging to where I was before.
More than two thousands thanks!
Is BUS even worth keeping. Some 14000$ after, I am down 87%. The problem is that it is in an RRSP account and I can wait, but I don't want another CXR. I can still stop another 2K loss on this dog. My real question is about their investability. Who would want this dog? How much debt they have and can they service it until this period is over in the market? What is their backlog like and can they get manage well and stay solvent? The stock was around 0.60$ prior to the recent events, can they make it back there once small caps are back in favour, or something else is fundamentally wrong with them? I can average down a bit from my 1.98$ which I am sure you would reject, but I thought I would ask anyway.
As I said, BUS is in my RRSP and I can wait, but I want to hear your non-emotional assessment and be a forward looking investor instead of clinging to where I was before.
More than two thousands thanks!