TSX:SRV.UN - Post by User
Post by
BlueJay2020on Nov 29, 2021 4:15pm
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Post# 34177349
Down 12.5% from 52W high - no biggie
Down 12.5% from 52W high - no biggieIt feels like the stock has crashed in the last week, but its down about a loonie and three shiny quarters a unit. I was watching the trading in the last 20 minutes of the day and it lost a further couple of quarters and then in the blink of an eye they were back. And I think less than 1000 units changed hands. It's easy to get scared about further drops, but we are a few steps away from any restriction that would affect royalties - and at the first sign that there WON"T be any, this stock will snap back mighty quick. If the price had gone into the 10s today I would have added, but it didn't quite make it. I certainly won't be selling, although I have exited BPF and Keg which were only ever intended to be shorter-term plays. Being (relatively) more liquid, they are easier to trade. I wanted some dry powder for other stocks, including this one.