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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by miles44on Oct 06, 2020 12:58pm
134 Views
Post# 31673930

RE:RE:11 AM and no trades yet?

RE:RE:11 AM and no trades yet?@firecracker74 mentioned a few weeks ago that due to a lack of new data until the Q3 results he expects swings in the stock price - well: investors dont push around the stock, they dont trade it at all :) and thats not bad news. Most investors are not interested in zinc and those interested apparently dont get into things as deep as firecracker as his calculations about Q3 are right and TV was profitable in Q3 ... so noone is buying right now. Its not a bad thing, it just demands everyone to wait and see and enjoy the day, Q3 numbers plus the outlook are out. That ll be the day, a larger public will get interested again and try to buy the stock in the thin market volume we got here (wonder who will sell then). I also state 2 things: 1. noone really buys the stock on rising zinc prices right now plus 2. people think TV hasnt hedged anything. Thats quite contradictory as either you think TV depends on higher prices and buy it with zinc going up - or you think TV is hedged at profitable prices = Q4 profit is safe as well = price should adapt to book value = rise as well. But who are we to discuss with market participants right now :) all we have to do is wait until November :) I once read the sentence "Patience is a Virtue" in a catholic church - well: here we are :)
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