Why did canola collapse today?

[cottonpicken]

Did a quick read on their financials,shooting from the hip i doubt there is a double in the stock price from here anytime soon and dividend is so low i think share price is more important,but they do pay a dividend which maybe will always support share price limiting downside pressure.

Tough call maybe sell half borrow half?

NIA DYODD

[ALLFARMER]

Look at price to book ratio.

Wikifinance.com

http://www.nasdaq.com/dividend-stocks/dividend-calendar.aspx

[BreadWinner]

AGT is a great investment in my opinion. With the oil industry in the tank investors are looking for safe investments. It also could be bought out by another company pushing share prices through the roof. I think it's a pretty safe gamble. I bought some $18 and now they are $28. They are predicted to go to $33. I originally bought thinking they would be taken over and that is still my game plan so I won't be selling. It is along term investment not a short term gamble.

[gustgd]

Thanks all 😀

To be clear I'm confident in the company. We've always had good dealings with them. And I think Breadwinners thoughts on takeover are possible. What's a takeover premium, 30%???

It's just the time frame. I've owned the stock a long time and have seen it raise to over $35 and then back down to $12

I'll probably figure out what the renovations coat and sell that amount.

Hoping to get $30.

The fluctuations make me wonder though. It can be up or down 3% in a day.
Cotton, there's your money. What's 3% a day for 3 days?
It's like the Casino, you just have to know when to cash up.

Bucket. I can't make money on flax. Seems you need to sit on it and wait for $14 at the yields I get.

[tweety]

Its been 14$ for months now. Still $13.75

[gustgd]

Where are you looking Tweety?
I've got $28.06 on AGT.TO Up.37c yesterday

[tweety]

flax price.

[BreadWinner]

Gust, you should get $33 for your shares on Monday. Just released the year end financials and the look very good. The have always corrected a bit after a few days. So don't wait til Wednesday.

[gustgd]

Thanks Breadwinner! Up almost a buck this morning. What are you basing you $33.00 share on?

[BreadWinner]

Those are estimates of where the shares are headed by some of the major fund companies. Someone cashed in on 100,000 shares today which slowed things up a bit but are holding quite nicely. I think those numbers released today are a good indication of better times ahead.