Transcontinental Inc

TCL.B-T

This stock is down 50% the last year. It is going from cheap to cheaper. It is hard to understand why the stock is down so much. The stock has fallen off a cliff. The disconnect is that the news out there does not correlate with the share price.

It's lower than the beginning of the year. Seasonally it is not there. There are no signs of it stopping dropping.

Spilt milk around $30. $20 level is important. So $13-15 really brings some interest in. Don't be in a rush to pick this up. Not a huge fan of averaging down. Stock could languish for a while. Going to have a hard time getting through $20. Better places to deploy capital. Don't let hope be your driving force instead of common sense. We all become long-term investors when we make mistakes.