If you have a valuation that is dependent on future results - well into the future results (as opposed to cashflow today). And you publish results that are less than expected, but are forecast to be a temporary and a non-recurring set back, then your valuation doesn't change much. Because, well your valuation is all in what is going to happen in the future. The challenge of course is tomorrow will be yesterday in two days.What is going on with 'Shop' ?
My heart sinks when I heard the quarterly report and the US premarket down 5% this morning !
Now I just checked, the stock is up almost 7% ?
I did this the other day but paid a little more. 60.43.Topped up TRP (TC Energy) in my TFSA today at $60.24. Aside from an outstanding order for MMM:US. This should be the end of my purchasing for the year aside from my regular RESP purchases of VEQT.