RE:RE:Zacksisland9999 wrote: Down 8.26% to $19.22,......I expect after the CC the PT will be lucky to fall back to $20,never mind the current $25-$33,.....the one constant with Largo is disappointment.
The CC normally has a negative effect on SP. I am still very long on Largo but plan to reduce my position if price goes back to over 20. I am very dissapointed with the lack of transparency from management as well as lack of support for the shares.
Management is happy to get free shares from the company and theyare even happier to dump those shares at the first opportunity they have.... If they have inside information and are not willing to hold then why expect retail to hold for the long run.
ps: I like the direction we are taking with LCE but it will take too many years for this to provide a meaningful stream of revenues to the company