RE:RE:Clearwater Capital Management, Inc.LOL - Dear Albatross, your attention to detail requires some honing my friend.
I never said there was no value in Sherritt. My proposition is that as long as the US embargo against Cuba remains in force, Sherritt will have no value.
That's a very disctinct difference.
There is value in their products and Ni will be needed. Sherritt isn't going to go to any lofty heights but should be able to get me a profit IF their political situation changes.
As for the EV revolution, agreed, I do not expect it to exponentially change the world in a decade and I do believe alternative technologies may bring down costs due to avaibility of alternatives for battery manufacturing.
In terms of my investment in Sherritt, yes others may have sold, but at this point I'm willing to wait given that my initial investment far outweighs what revenue I would receive if I sold today @ a loss.
I'm not willing to accept that loss just yet as.
Your next question probably, is why did I invest initially? And my response is to remind you that I invested originally because in 2016 President Obama moved to normalize relations with Cuba raising the prospects of Sherritt stock. The intrduction of Trump destroyed that opportunity and with Biden, he's got bigger fish to fry.
I'm happy to engage anyone on this forum and am not insulted by anyone, especially people I don't know and don't know me. We all have our own interests, motives and opinions etc.
I pride myself in bringing some reality to the discussion because when the story doesn't reflect the reality...there's a problem. AND, whatever is said on this board whether positive or negative will not have any effect on the stock price. The stock price is effected by more than a bunch of guys kabitzing on a billboard.
I KNOW that some inexperienced investors may take information from this board that isn't realistic to justify their investments. I'd like to offer those would-be investors a dose of reality before they make a financial decision that may impact them in a negative manner.