Largo Inc T.LGO

Daily sp fluctuations caused by tiny volumes

[kha341]

West Family Investments (WFI) was Largo’s second largest shareholder (after Arias) with 44M cs (4.45M post consolidation) and 14M warrants (1.5M post consolidation) in 2018. That number was reduced to ~2.8M cs then increased back to 5.6M cs in 2021 (based on the SEC 13G “Statement of Ownership” filed in Jan 2022) to make WFI back to being the second largest shareholder again. Until the next filing of WFI’s SEC form 13G, 5.6M cs is the most current info available to the public (analysts, investors, stakeholders, etc.) with regard to the number of Largo’s shares owned by WFI. So until proven differently, the fact that WFI increases its Largo ownership to 5.6M cs is proof that WFI does believe in the future of Largo. No daily sp fluctuations caused by tiny volumes would change that fact. 

[ceetong]

As much as the sellers of those shares do not! As a matter of fact a trade always is made up of a purchase AND a sale. As much as WFI's purchases are a statement of confidence, the seller's sales are the exact opposite. All attempts to draw any "conclusions" from a "buy" while ignoring the other side of the trade is just silly.

[kha341]

 LOL ! Are you just a "silly" a rookie?     While people commonly buy a stock of a company because they want to invest in that company, there is no universal one-size-fits-all reason such as “a statement of no confidence” to sell a stock. There are many reasons other than “a statement of no confidence” for an investor to dispose of a stock, including (but not