RE:RE:RE:et voila! SNC-Lavalin Group Inc. - Human rights policy short date is out : and it is still going down ...
https://shortdata.ca/stock/SNC.TO
FabulousFabQc01 wrote: You bet! This is a $50 stock minimum (under that it's a steal). Even pessimist analysts are saying that their evaluation is conservative as they are waiting for the end of the LSTK. This will end one day or another (and could be soon).
I'm long big time on this stock since July 2019 (sht# that's a long time ago). I did good money when the stock was super depressed.
The next 2-4 weeks could be Rock & Roll. We have the option expiration in 2 weeks, nobody knows what the MM wants in terms of share price. The recent run was mad with a small intraday volume. We may see some big price decrease in the next 2 weeks. We may also see the stock going down big time on the day of SNC financial results. We saw that often and the stock jumped back rapidly. We can also see a big short covering. We are at more than 10 days of short ratio (could be more based on recent volume).
The key here is not to panic if the stock goes down rapidly. Some are trying to play with the nerves of the retail investors. But, the good news is that most of the weak retail investors sold at the end of 2022 for their capital loss (sht# they must regret that move:)) ... The foundation of the shareholders is stronger than ever:) and the future of SNC is outstanding.