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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.


NYSE:SVV - Post by User

Post by javaman12on Feb 09, 2023 12:20am
926 Views
Post# 35276247

RE:RE:Reaching A Critical Mass...

RE:RE:Reaching A Critical Mass...Martyboss, it appears that whoever is doing the selling, he is a persistent one.

It seems that the number of shares for sale at 4 cents is about the same number as were originally available at 3 and half cents. Progress, may well remain slow.

But perhaps a slow steady rise is better than sudden moves that might catch the unwanted attention from additional sellers.

This person or group obviously has a large number of shares to sell. And the buyer has deep enough pockets to gain advantage of this need to sell.

I figure that most of Rockcliff's shareholders want a significantly higher price for their shares.

I am not sure how a roll back will impact this kind of upward momentum but if it helps the company survive or leads to a mining operation, then it would be in the best interest of the retail shareholders to accept the proposition.

In any case, I expect that corporate insiders will swing this deal because they already own, so many shares.

As is usual, we have to wait.

But I am looking forward to the drilling results. I am intrigued by the potential prospects at these locations. They haven't been drill tested before!

                                                All the best! Java

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