The question isn’t why triton pulled out. The question is more what kind of idiot would have done such an expensive CN deal? Clearly it wasn’t worth the paper it was printed on.
as for the company, the eps is ghastly and will always be ghastly. It’s because they haven’t executed on their growth plans in a viable way. Costs are too high, they have zero competitive advantage, and they are worth practically zero in the supply chain. They are price takers not makers. And so much hubris and arrogance to think that some overpaid appointments will help deliver value and growth- they surely delivered higher valued costs and growth in losses.
let’s just face it. This stock, like many, was just a meme stock. Only worth trading, not investing in. Sure people are hurting, but it’s the game we play. There have been plenty of days to sell this disgrace of an investment. Unfortunately, anyone who didn’t sell post 4c is beyond salvation.
I don’t hold the stock, obviously, but some healthy criticism will be good for this thread, at least just to keep the Jmaps and ilikethestock’s at bay![]()
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