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Bullboard - Stock Discussion Forum Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company... see more

TSX:LGO - Post Discussion

Largo Inc > West Family Investments Inc
View:
Post by kha341 on Feb 15, 2022 1:17pm

West Family Investments Inc

https://finance.yahoo.com/news/west-family-investments-inc-buys-183820152.html


The above article comes from Gurufocus. The following paragraph in the article (see below) proves that the info provided by Gurufocus is misleading. How so? Because WFI’s SEC filing was related to an “event”dated June 7 2021 and back then the share prices were well above US$13. 


Added: Largo Inc (LGO)

West Family Investments, Inc. added to a holding in Largo Inc by 42.92%. The purchase prices were between $8.21 and $12.74, with an estimated average price of $10.4. The stock is now traded at around $8.270000. The impact to a portfolio due to this purchase was 2.37%. The holding were 2,843,127 shares as of 2021-12-31.


Comment by ceetong on Feb 15, 2022 1:48pm
Why pay attention to bot sources like "Gurufocus" in the first place? ALWAYS go to the horse's mouth thus make sure you can't be fooled. What the SEC filing tells us IMO is this: 1. WFI is sitting on a considerable loss right now and 2. what WFI did since last summer is unknown. Do we agree on that?