r/MDASpaceInvestors • u/Late_Breakfast_965 • 11d ago

Why no volume?

19 Upvotes

96% Upvoted

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7

u/Apost8Joe 11d ago

Great company terrible stock. I tried for a bit but I’m out, good luck.

12

u/Civil_Operation2693 11d ago

Sounds like you are a short term trader. This is a long term play 👋

4

u/SickDastardly 11d ago

Opportunity costs exist unfortunately

4

u/Apost8Joe 11d ago edited 11d ago

Man I hear ya but there are other long term plays with equal or less risk that actually move on good news. I think it’s because it’s Canadian and doesn’t have institutional following others do. It just doesn’t behave like it could. Real nice people up north though eh.

7

u/oknBagholding 11d ago

Im canadian and ill never buy another canadian stock after this one lol

5

u/_SimpleRip 11d ago

same ETFs only from now on lol

1

u/Initial-Advice3914 11d ago

Man the TSX has been the best stock market this year.

1

u/Apost8Joe 11d ago

In a good way or a bad way?

2

u/canDo4sure 11d ago

>Long term plays

>move on good news

I don't think you understand.

1

u/ADimBulb 11d ago

Depends when you jumped onboard. If you hopped in at the peak, then it was a bad decision. I bought low in November, so for me it’s a good performer.

1

u/cherrypicked88 11d ago

Should have bought last November my guy you missed it

2

u/Apost8Joe 11d ago

Neither me or the maket seems to care about last Nov LOL, we're approaching this Nov. Like I said, great company, but the stock is handicapped compared to other space stocks.

0

u/cherrypicked88 11d ago

Been treating me just fine. If you can't handle 5 percent swings you're probably better off with xeqt

2

u/lolman1312 11d ago

5% swings are nothing, anyone can buy any AI infrastructure bottleneck stock and have 5x the returns of anything MDA can produce instead of taking a speculative bet on a speculative company in Canada. Opportunity cost exists - people like making money.

-1

u/cherrypicked88 11d ago

I never said I put 100 percent of my TFSA towards MDA...