Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles through hydrometallurgical processes. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.

TSX:S - Post by User

Sherritt International Corp

Bullboard Posts

Post by PUNJABIon Sep 22, 2015 9:55am

400 Views

Post# 24124646

New low

Recent Close Prices - S

Price/volumes not adjusted for restructures

Date	Ex	Sym	Open	High	Low	Close	Chg	Vol	#Tr	Bid	Ask
2015-09-21	T	S	0.96	0.96	0.89	0.89	-0.05	2,474,981	941	0.89	0.90
2015-09-18	T	S	0.98	0.99	0.91	0.94	-0.06	16,123,781	2,615	0.94	0.98
2015-09-17	T	S	0.99	1.00	0.98	1.00	0.02	950,482	573	0.99	1.01
2015-09-16	T	S	0.99	1.04	0.97	0.98	0.01	1,452,587	1,085	0.98	1.00
2015-09-15	T	S	1.01	1.01	0.97	0.97	-0.03	859,147	1,538	0.97	0.98
2015-09-14	T	S	1.04	1.045	0.98	1.00	-0.03	1,638,041	3,659	0.99	1.01
2015-09-11	T	S	1.06	1.06	1.00	1.03	-0.02	682,353	671	1.02	1.03
2015-09-10	T	S	1.07	1.07	1.03	1.05	-0.01	1,015,381	1,361	1.04	1.05
2015-09-09	T	S	1.09	1.10	1.04	1.06	0.01	1,078,110	1,045	1.05	1.06
2015-09-08	T	S	1.06	1.09	1.03	1.05	0.04	1,999,387	2,341	1.05	1.06

This stock is falling too fast & has come down to really low share price. The way the shareholders are selling this stock as if the company has serious liquidity issue.

The company has no liquidity issues. The short position is dropping at these prices. The float is not big just 293 million shares.

It is mostly weak commodity prices & very negative market sentiment. Painful for tong term shareholders.

Could be tax loss selling has started early. Some of the selling came from the index changes.
As the stock drops it becomes more attractive for new shareholders.

House Positions for C:S from 20150824 to 20150922

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
15 UBS	4,051,744	3,818,940	0.943	398,848	420,214	1.054	3,652,896	-3,398,726
79 CIBC	4,937,369	5,107,990	1.035	4,028,386	4,143,970	1.029	908,983	-964,020
65 Goldman	1,874,774	1,839,888	0.981	978,167	997,677	1.02	896,607	-842,211
33 Canaccord	512,200	493,054	0.963	88,700	94,417	1.064	423,500	-398,637
9 BMO Nesbitt	1,966,675	2,024,316	1.029	1,545,508	1,613,635	1.044	421,167	-410,681
7 TD Sec	6,780,638	7,017,235	1.035	6,385,276	6,634,335	1.039	395,362	-382,900
72 Credit Suisse	459,838	438,458	0.954	274,675	281,543	1.025	185,163	-156,915
13 Instinet	1,169,668	1,146,934	0.981	1,033,383	1,060,618	1.026	136,285	-86,316
27 Dundee	216,200	215,875	0.998	89,000	91,410	1.027	127,200	-124,465
25 Odlum	113,450	121,766	1.073	1,900	1,862	0.98	111,550	-119,904
4 Cantor Fitz	86,000	84,280	0.98	0			86,000	-84,280
57 Interactive	79,667	80,678	1.013	0			79,667	-80,678
84 Ind Trading	318,088	324,341	1.02	240,958	250,370	1.039	77,130	-73,971
48 Laurentian	57,300	63,656	1.111	1,000	1,130	1.13	56,300	-62,526
124 Questrade	93,544	91,557	0.979	40,686	37,618	0.925	52,858	-53,939
143 Pershing	44,075	45,584	1.034	80	77	0.963	43,995	-45,507
68 Leede	36,500	35,936	0.985	78	83	1.064	36,422	-35,853
123 Citigroup	44,821	44,815	1.00	10,765	10,535	0.979	34,056	-34,280
58 Qtrade	45,525	44,281	0.973	13,000	12,120	0.932	32,525	-32,161
88 Credential	38,022	39,127	1.029	12,750	12,776	1.002	25,272	-26,351
101 SG Capital	320,395	327,828	1.023	302,600	306,041	1.011	17,795	-21,787
14 ITG	66,612	72,870	1.094	51,628	52,521	1.017	14,984	-20,349
22 Fidelity	19,630	19,785	1.008	6,200	6,667	1.075	13,430	-13,118
102 Lakeshore	10,200	9,309	0.913	200	196	0.98	10,000	-9,113
83 Mackie	15,000	15,750	1.05	6,300	6,713	1.066	8,700	-9,037
76 Industrial Alliance	44,350	48,127	1.085	42,000	41,580	0.99	2,350	-6,547
36 Latimer	1,920	1,843	0.96	600	637	1.062	1,320	-1,206
28 BBS	488	475	0.973	0			488	-475
70 Manulife	6,000	6,220	1.037	5,600	6,131	1.095	400	-89
21 Pavilion	0			400	452	1.13	-400	452
64 Octagon	41,900	44,524	1.063	42,400	45,628	1.076	-500	1,104
43 Caldwell	0			1,800	1,854	1.03	-1,800	1,854
95 Wolverton	0			4,000	3,960	0.99	-4,000	3,960
89 Raymond James	10,600	12,881	1.215	15,000	16,400	1.093	-4,400	3,519
56 Edward Jones	2,900	3,277	1.13	8,100	8,589	1.06	-5,200	5,312
53 Morgan Stanley	1,047,022	1,087,830	1.039	1,052,717	1,080,441	1.026	-5,695	-7,389
54 Global	350	371	1.06	7,896	7,705	0.976	-7,546	7,334
62 Haywood	0			13,400	13,670	1.02	-13,400	13,670
24 Clarus	0			16,000	16,800	1.05	-16,000	16,800
19 Desjardins	347,062	363,039	1.046	366,617	389,653	1.063	-19,555	26,614
71 Brant	0			20,000	19,400	0.97	-20,000	19,400
73 Cormark	677,600	646,328	0.954	698,552	662,362	0.948	-20,952	16,034
3 AltaCorp	5,000	5,050	1.01	27,700	28,716	1.037	-22,700	23,666
11 Macquarie	0			68,000	76,680	1.128	-68,000	76,680
16 Paradigm	41,100	49,319	1.20	155,004	165,284	1.066	-113,904	115,965
80 National Bank	1,125,392	1,181,480	1.05	1,264,217	1,372,139	1.085	-138,825	190,659
78 Salman	0			140,400	159,359	1.135	-140,400	159,359
99 Jitney	349,300	350,842	1.004	497,300	506,346	1.018	-148,000	155,504
86 Pictet	0			153,027	143,845	0.94	-153,027	143,845
74 GMP	37,647	40,537	1.077	214,793	214,790	1.00	-177,146	174,253
90 Barclays	275,320	285,519	1.037	605,346	606,837	1.002	-330,026	321,318
85 Scotia	1,451,173	1,460,028	1.006	2,151,105	2,163,344	1.006	-699,932	703,316
1 Anonymous	6,996,702	7,220,891	1.032	7,990,148	8,181,195	1.024	-993,446	960,304
2 RBC	10,333,021	10,224,774	0.99	12,503,485	12,140,839	0.971	-2,170,464	1,916,065
39 Merrill Lynch	269,370	278,083	1.032	2,846,457	2,724,527	0.957	-2,577,087	2,446,444
TOTAL	46,422,152	46,835,691	1.009	46,422,152	46,835,691	1.009	0