RE:RE:Improved Sherritt Bond Bid-Offer SpreadsContrarian, you succinctly summarized the rational for investing in S. There is huge mispricing (or as you say pricing anomally) between share price and fundamentals/value/growth proposition.
Stock mispricing to the downside creates oppoutunities to go long. Mispricing to the upside opportunity to go short. If we had perfect pricing and fully efficient markets, there would be no incentive in investing in particular companies since investing in indexes would yield pretty much same results. Oversimplification - yes! But an important point to keep in mind.
As an example, I invested into Namaste at about $0.25 when it was seriously mispriced against the rest of marijuana pears. It took a long time and lots of volatilty for the investment to pay off but when she blew it went to over $4 per share, and currently at $1.6. I sold too quickly and learned my lesson but still made a small fortune.
While I do not count on S going up ten or fifteen fold from $1.2 in a year, it can easily increase 2, 3 or even 5 fold in a matter of a year. My position in S is huge (at least by my standards) as it exceeds 900 thousand shares and I intend to hold my core position to $5 plus unless of course fundamentals change for S.
Good luck and please keep posting as your contributions are IMO most mature and insightful on this board.