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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 23, 2023 4:39pm
141 Views
Post# 35301959

RE:RE:RE:RE:More Information, From The Source!

RE:RE:RE:RE:More Information, From The Source!Hi Marty, yeah I also picked up another 16,000 at 3 cents this morning with an early bid. I couldn't resist the price!

I just got home from work and noticed that someone, at the last minute dumped, about 9000 shares into the bid at 2.5 cents.

That knocked the share price down pretty fast but I doubt that it will remain there for long.

It's always easy to manipulate the share price by selling a measly few shares down. The objective here is to instlll some crazy sense of panic. It's probably the same person offering the cheap 2.5 cent bid. Rockcliff's shares are already cheap in case anyone hasn't recently noticed! I doubt that anyone is really, any too scared! LOL

However, it seems that there are only a few buyers willing to take a chance on buying more shares right now.

But the early bird catches the worm!

Once the company gets closer to the drilling results with lab assays, then I'll bet that many more  persons may start to get a lot more, keenly interested!

Like I said, drilling at Bur is a necessary program but I am hoping for some greater discovery at the Penex site when the drill moves over there. I wonder if that property will be the last one on the company's agenda?

I am not sure how the  company decides when and where to drill. It may be some logistical issue.

Perhaps, some properties take a longer time frame to access. But I would suspect that some access roads may already be under construction at different sites if any are actually needed. At the very least some back woods brush may have to be removed.

Some properties may need firmer ground on which to set up a drilling rig. Anyway, work always needs to be done to access almost any site. And I bet the Snow Lake area is a dam* cold place to work outside right now! Whatever, I am not a geologist or a drill rig operator. And when I explore, I'd rather do it on the internet or television inside, where it remains, cozy warm!

                                         Hoping for good results when the news comes out!

                                                 We will need to patient with this one!

                                                                  All the best! Java
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