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grimkhor t1_jeem8ap wrote

Reply to comment by Fuego1050 in Canadian Securities Exchange to launch a senior listing tier for larger companies - Transition in May by Fuego1050

Looks to me the best to hope for is becoming something like tobacco companies that get carried a lot by brand names. Nobody knows what the addressable market is for premium which in the end will probably be the biggest factor. Good luck with that it's just not for me.

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Fuego1050 OP t1_jeeu6rb wrote

👍🏽 not for a lot of people - most blindly dismissing sector bc of how poor the equities have performed - but there is a real opportunity there as an emerging market over-taking a multi billion dollar illicit one.

Systematic elimination of custody has created absolute bargain barrel prices - but no one cares until the catalyst comes.

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grimkhor t1_jeeuri1 wrote

Sectors are dismissed all the time. Are you invested in every sector out there? If not you dismissed sectors. If you see something which I don't doesn't make it good or bad. You make investments according to your conviction and I make them according to mine which is good.

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Fuego1050 OP t1_jeeyfrd wrote

Ohhh of course - agreed with the point.

I was just trying to make the point that there is so much hate/negativity on the sector bc of political/extraneous factors - that when resolved may make it very attractive. Just pointing out the opportunity I see. Not that anyone should take it.

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grimkhor t1_jeeyux9 wrote

I can understand the attractiveness of the sector even if I ultimately view it differently. Good luck with the investment.

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