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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

Bullboard Posts
Post by tiker22on Jun 03, 2018 10:46am
130 Views
Post# 28117014

Prediction

PredictionWhen I bought into TV, I warned myself that mining stocks often are overbought or oversold for reasons that are whimsical. Despite this "truth", I like to think that sanity will ultimately prevail and a reasonable SP will return to oversold TV in the not too distant future. What the catalyst will be is recognition that this company is in a zinc market that is producing significant returns to TV and other zinc miners and will continue to do so despite crazy geopolitical events such as the imposition of tariffs and the possibility of trade wars. At least that is my hope because I can only attribute the low SP to the uncertainty that US tariffs on steel will diminish production so much that zinc prices will be adversely effected. Some are predicting that a recession is just around the corner. Optimistically ( at least in the shorter term), I see the SP of TV reacting to bouyant quarters and year end and reaching $1.40-$1.50 by the end 0f 2018. But I have been wrong before and I swear I will never invest In the commodities related market again-until I do!   
Bullboard Posts