RE:What are my motives?firecracker74 wrote
This will be my last post on this subject. I have been open about my motives. I lost a lot of money on Trevali three years ago. After seeing zinc recover and TV's prospects improving I made a very small investment. I chose to believe TV management's projections and I was foooled by the lipstick on the pig. When I realized Friday I had been had I was ticked and immediately sold. Is it wrong to change your mind about a stock when new facts come out? Day traders change their mind every hour. When you have relied on certain facts and those facts are proven wrong you must reassess your position. Only a very bad investor would not want to know if there have been major changes to their company's prospects. A lot of NEW INFORMATION came out in Friday's report. TV announced that they missed the low end of 2021 guidance by 9M pounds, AISC ended up .06 above the high end of 2021 guidance, $8M worth of zinc mysteriously "disappeared", TV had a $10M loss in quarter 4 from continuing operatios, cash dropped by $10M during quarter 4, total current assets went down by $29M during quarter 4, AISC for quarter 4 was $1.35 from continuing operations and it was announced that Perkoa is either about done or will need to be put on care & maintenance until more drilling and underground work can be completed. If you are invested in TV would you not want to know these facts? Sadly, when we post on these boards we meet a lot of low lifes. If they don't like what you post they attack you personally or they bear false witness and make up things that aren't true. Their goal is to discredit you so that you won't believe the facts when they post them. I understand their "motive", but it's sad that people like that exist. These new facts drastically changed the outlook for Trevali. Stock forecasts always involves ifs and maybes. Nobody knows what the price of zinc will be or the final production numbers or the final AISC or when reserves will run out. You must rely on what the company tells you. We now know that we cannot rely on what Trevali tells us. When did they find out about the missing zinc and why wasn't there a PR about it? The stock was dropping like crazy and we were baffled as to why. Even when they said there were no issues at Perkoa the stock dropped. Who was doing this selling and why? If most on this board want me to stop posting I would be happy to. I have better things to do. I go over the reports with a fine tooth comb. If you want me to share what I find hit like on this post and I will keep posting. If you want to stick your head up your but and ignore the facts that is your choice. I understand that some want to hang in there awhile and see what happens. I have been a bagholder for years and I feel your pain.
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"Sadly when we post on these boards we meet a lot of low lifes."
Exactly. Some of us knew you were one a long time ago and some found out recently.
Every stock you ever analyze and pump ends up to be a loser just like yourself.
Just do the opposite of what Firecracker says and you will do well.