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Savers Value Village Inc V.SVV


Primary Symbol: SVV

Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.


NYSE:SVV - Post by User

Bullboard Posts
Comment by Copperdreameron Sep 26, 2017 8:43am
84 Views
Post# 26741309

RE:Whats happening

RE:Whats happeningLooks like the corp now have significant Zinc and Au plays so making the market aware this is more than just Copper, not a bad thing.

A consolidation of shares was likely approved last meeting as well.  The time to do one of course, is at the beginning of a metals bull market, and it is the life of all junior mining companies as at some point in time stock rollbacks must occur.

Stock rollbacks always put stocks under pressure, there will always be many unhappy shareholders who want to get out.  If done properly though, prior to or in conjunction with positive market-moving news, a stock rollback can be quite positive. Many will never invest in a stock trading at 10 cents but take the same stock now trading at 50 cents, and suddenly it is much more palatable.

Happy investing All!
Bullboard Posts