Savvy Trades and Investments

[maxluke1]

GVC.TO/GLMFF - turnaround play in Canadian digital media sector.

Masked within the company's print/journalism assets are valuable pieces (e.g. environmental information company) that I think are worth quite a bit.

Some key details:
-have to be comfortable with the liquidity (seems like GLMFF trades okay on the US markets, but I did notice horrible bid/ask spreads at times)

-company is profitable and seems to be turning the corner; balance sheet has been cleaned up

-very sizable insider buying last few weeks

-looks like Canadian government is going to implement a law this year like Australia's that makes Facebook, etc. cut deals with local digital media companies (e.g. https://www.cnbc.com/2021/02/25/australia-passes-its-news-media-bargaining-code.html)

Risks:
-lawsuit (see ceo.ca link below)
-journalism continues to struggle and doesn't stabilize as anticipated

I can't do a better job with in-depth DD than these sources (link provided from Stockhouse):

Wrote up Glacier Media ($GVC.TO) a couple of months ago, but I think the risk/reward has gotten even better at this price. Would love any feedback on the idea. Thoughts, comments, pushback welcome. Thanks in advance!https://t.co/D3D5vIq6HL pic.twitter.com/0SSrpPZhlu

— Clark Square Capital (@ClarkSquareCap) December 13, 2021

Good info also here (especially about lawsuit):
https://ceo.ca/gvc

All my opinion