Servotronics Inc V.SVT

Primary Symbol: SVT

Industrials

Servotronics, Inc. develops and manufactures servo controls and other components for various commercial and government applications, including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications. The Company's Advanced Technology Group (ATG) segment designs, manufactures, and markets a variety of servo-control components, which convert an electrical current into a mechanical force or movement and other related products. Its servo-control components produced include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and similar devices. Its operating facilities are located in Elma and Franklinville, New York. The Company’s products are marketed and sold throughout the United States and in selected foreign markets.

NYSEAM:SVT - Post by User

Servotronics Inc

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Post by vinniePon Oct 01, 2020 5:26pm

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Post# 31655270

Could Blue Run...?

A couple years ago there was a financing was done @ $0.10 with warrants exercisable at $0.15. Language in the NR touched on share prices of $0.22 and up. This was long before receiving their multi-year drill permit, expanding the resource, bringing in Platina, hitting legendary grades etc etc. We have found a floor at $0.03 which seems to make this play surprisingly undervalued. I've seen this hit low teens, and slowly pull back, adding and bringing my average down below $0.05. I've committed a decent chunk of my portfolio to Blue Moon and as each day passes can't help but to believe that at some point, we'll see this thing come to life. It's been a tough year but I don't see any reason why this shouldn't be minimum a triple by this time next year.

thoughts???

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