OTCPK:STZHF - Post by User
Post by
donmayneon Sep 05, 2018 3:44pm
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Post# 28567709
Insider selling
Insider sellingThe selling shareholder of 8 Million shares is the firm Lindsay Graham LLC. What a tremendous downward impact it has had on prices. L-G probably needs cash to pay for a recent acquisition of a paper mill that they just purchased.
Seems like this might be the catalyst for the underwriter Goldman Sachs to promote STLC to a variety of investment houses who will issue analyst reports. Next Q3 should be better than Q2 so we should have some very positive valuations. In the meantime, expanding the investor base will help with reducing some of the gyrations.
NAFTA talks will continue to create uncertainty, however it does provide time for STLC to lock up supply lines within Canada. Once tariffs are reduced, STLC should be able to look to creating supply lines to the US.