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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

Bullboard Posts
Comment by maplenorthon Feb 28, 2018 2:20pm
67 Views
Post# 27638089

RE:RE:Who is dumping shares at these values?

RE:RE:Who is dumping shares at these values?
kha341 wrote:
maplenorth wrote:
I don't get it.


Most likely stop loss orders. If Anon & gang pushed the share prices down low enough they could trigger the stop-loss orders given by individual investors to his or her brokerage. These are automatic trade orders setup to only be executed once the price falls to a specified level.  




This was my thought exactly this morning.. these are all visible, if he can aquire enough and then sell at market bid value.. if bids are thin enough, price an be lowered in a hurry despite a relatively low amount of volume (like we are seeing today)... he is willing to take a hit on some of these shares and lower SP in order to load up on more when its lower... then when it goes up in a week he will sell, making up everything he lost and then more.. and then repeating the process. That's all this is.
Bullboard Posts