RE:RE:RE:RE::(There is no reason, based on what we know, based on the company’s strong fundamentals, based on the ‘likely basing’ of Vanadium, based on the extremely oversold technical condition why this stock should not be much higher – just ask the analysts.
The company is perhaps shedding support(ers) because there is only so much that folks can tolerate - and yes – it does appear that we are still noticing that all have not fully acted on their intolerance. Trickle selling is taking place for standard reasons: As Kirk points out – the $1 crossing house alarm is one also the generalized physiological effect (continued down erosive effect) … Let’s face it, it ‘really’ has been going down in price nobody can dismiss that!
One thing I would suggest is to just ‘stop selling’ … stop being scared, concerned and anxious about the sp – albeit realizing that such is an uncomfortable if not impossible feat as it represents itself in red and more red and still less than the previous day. We (ideally only) want to feel good – but – we cannot.
So my remedy (suggestion): Look at the delta in Largo fundamentals (what has changed) + longer term for critical changes (‘direction’) in the price of Vanadium (that we are tied to –like it or not) – ‘common, it’s not going to disappear as a mineral + think of its future demand if any even minimum world recovery uncoils (perhaps even if it did not) + consider what the sp scene might be like once ‘the price/ supply-demand manipulation’ ceases + consider the future of Vanadium and auxiliary metal(s) opportunities and what it will do to the bottom line + consider that you have lots of life left to the raw/source value of this mineral all of that while not giving a chit who is the new CEO, so long as he is qualified and straight towards the company goals.
The future sp is definitely worth up of 1.28, 1.33, 1.37…$5? – just NOT right now… Don’t think for one second that Arias is not noticing…Don’t think that he cannot get an enhanced MS should PM not prove what he obviously believes he can be – after all – he was, at least temporarily awarded his current position…
The retail ‘want’ is not showing up just now but a few more +ve economic indicators and we’re off to the races…
Think long term and manage your near term urges and understandable stock stresses… unless you are a short term trader which you have every right to be and in which case you may have considered selling earlier…
I’m comfortable in topsy-turby waters and bottom-turby ones too… unless Largo is NOT doing everything within their powers to ‘DO THEIR PART’ in this multi-variable-affecting context.
Hopefully, however, because of the world conditions and current share price, it would be helpful, suggested and appreciated if ‘Largo management’ reached out to provide some guidance, some clarification…in some ‘way’…. Clearly the Largo twitter account (as much as it’s appreviated) does not appear to be this shareholder-clarification platform that I am suggesting. It will satisfy new interest and provide categorized order of things that Largo feels the general public should be minimally aware of…
‘Common Mr Arias – ‘be there’ for you but/and also for ‘us’.
GL2ALL
PS: I will not go long-winded technical aspects but, suffice it to say, that the 1.28 CDN does not place this stock in any issue… it is, quite the contrary, it's in a great footing from which to launch should other aspects set in to cooperate.