While my imaginable Indigo short trade is doing ok, I have decided to short Cascades Inc. (TSX:CAS) for real.
All values are in CAD unless noted otherwise.
Reasons to be short:
Continue reading “Shorted Cascades instead”
Q1 results are out, time for some short follow-up.
Bed Bath & Beyond (NASDAQ:BBBY) went bust, and many other unprofitable companies should follow suit, but it’s a good start.
Bitcoin still costs 27k tethers, so, I think, we are far from the bottom but definitely closer since my previous post: Bloodbath and Beyond.
An interesting article on BBBY: The United States of Bed Bath & Beyond.
Ok, moving on.
Continue reading “WeBankrupt™”
While some people are arguing whether what happened to Silicon Valley Bank was a bailout or not, I would like to post a little update on the stocks I follow and the bailouts that some of them have received. 🙂
Continue reading “You get a bailout!”
Well, it’s the end of the year, and I can post a quick update on stocks and finally boast about my investment achievements.
Also, must admit that this text is still written by me and not by ChatGPT, so typos and mistakes are all mine.
Continue reading “Bloodbath and beyond”
In March 2019, I purchased Cascades Inc. (TSX:CAS) stock for the first time.
Back then, I didn’t read financial reports and was just chasing yield or buying stock because I liked the company.
In general, I was doing lots of stupid things. 🙂
The company is quite well-known; you can see the Cascades logo in lots of places: on food packaging, in public bathrooms, on cardboard boxes and etc. That was a good enough reason for me to buy their shares.
So, I’ve purchased some at a price of $8.36.
Cascades Inc. is a Canadian company. All the prices are in Canadian dollars unless otherwise specified.
Continue reading “Cascades Inc., over promise and under deliver”