RE:RE:RE:Ernest Cleave gone!Its not like Largo is a compicated business. Credit and debit entries are not that complicated for Largo.thus he was probably asked to resign. Maybe he just knows that the sands of time is running low and don't want to be a part of whats next. Big chunk of change gone which is a good thing.
Largo will be in survival mode for the next 2 years so i don't expect much . Steel price and demand is not great and will go much lower in my opinion. That said, i only have few hundred shares now as i sold them all when it tested the 200 day moving average at the end of may. I kinda figured it would get rejected there as there was no reason to surpass it. When the story becomes clearer here i will pick up some or just trade it when the opportunity arises.
Good luck man!