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.

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Savers Value Village Inc

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Post by Copperdreameron Oct 07, 2019 11:52am

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Post# 30203776

Selling

While I am sure many are disappointed to see the stock trading so low, I really don't think it is meant to be a time to panic.

During periods of market volatility, many often just sell their juniors to raise cash to take positions in stocks they have been watching for quite a while.

I must admit to being tempted when I look at where Suncor, CNQ and Tourmaline are trading at this past week but I for one will stay the course on this one.

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