r/Canadianstockpicks

▲ 146 r/Canadianstockpicks+88 crossposts

Most people who followed $CYDY remember March 30, 2021. The FDA publicly stated that CytoDyn's claims about leronlimab were "misleading and not supported by the data", no benefit was shown in COVID-19 treatment trials. The stock dropped 25%+ that day.

What happened afterward was a class action lawsuit covering investors who held $CYDY between March 27, 2020 and March 30, 2022.

A $500,000 settlement has been reached and terms are now submitted to the court for approval.

Who qualifies?

Anyone who held $CYDY during the class period and suffered losses from the alleged misrepresentations about leronlimab's effectiveness for HIV and COVID-19.

Can I still apply?

Yes, you can submit your application now and it will be processed once claims filing officially opens after court approval.

If you were damaged by this don't forget to check your eligibility. GL!

u/JuniorCharge4571 — 10 days ago

▲ 30 r/Canadianstockpicks+16 crossposts

HPS hit +23% in four days of initiation. Stack is up 50%+ from January. Zedcor Q4 just confirmed everything I wrote in February. BQE Water results drop Wednesday and I'm on the investor Q&A call with management directly.

Three more names I think are being completely ignored right now:

Revival Gold (RVG) — their own PEA was written at $2,175 gold. Spot is $3,200. The after-tax NPV at $3,000 gold is $752M USD. Market cap is $218M CAD. They just drilled 2.8 g/t over 74 metres this week and nobody's talking about it.

TerraVest (TVK) — printed a 167% earnings beat in February. Stock dropped 9% because revenue missed by 7%. Market ignored the beat entirely. Five analysts, all Buy, consensus $182 vs current $126.

Badger (BDGI) — largest hydrovac fleet in North America, record revenue last quarter, stock down on a mix issue not a structural problem. Q1 results April 30th. Canada just committed $180B in infrastructure spending.

Full breakdown with price targets and what I'm specifically watching on each is here

Not investment advice.

u/Lettura_ — 9 days ago

▲ 11 r/Canadianstockpicks

BNS

I've been long on BNS for many years. Despite its prolonged underperformance relative to the other Canadian banks, I've continued to hold and reinvest dividends through a DRIP, which has produced solid long-term returns for me.

While I'm pleased with the recent share price appreciation, I'm beginning to question whether the stock has become overvalued. Historically, BNS has generally traded around a 10x P/E multiple, but it's now trading closer to 17x earnings, which is well above its long-term average.

For those who remain bullish, what do you believe is driving the market to assign BNS such a premium valuation relative to its historical P/E ratio? Is there a fundamental change in the business, growth outlook, or risk profile that justifies this re-rating?

I've enjoyed the recent run-up, but I'm starting to consider trimming or exiting my position because the current valuation appears disconnected from historical norms. I'd be interested to hear the bull case from those who continue to see meaningful upside from here.

reddit.com

u/Appropriate_Reply703 — 14 days ago