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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 > Bargain buying
View:
Post by Drhoho on May 31, 2022 12:08pm

Bargain buying

Starting tomorrow, June 1, we are going to have a 24,510 shares/day floor on the buy side. I suspect Earnest Cleave will be somehow involved, or more likely turned over to a brokerage house(s). This floor will probably come into play to offset sellers lurking out there, trying to take advantage over any price fallbacks.  I hope those here who are negative on the company and still own shares will be quick to liquidate and help LGO get in on what they deem significantly undervalued shares. No reason to own anything that one does not support. I shall  be keeping in mind the SP close today, 31May, to monitor the effect of the company buyback, along with the other company factors occurring, positive or negative, during the coming 12 month period.
Comment by kha341 on May 31, 2022 2:13pm
So only people who are in love with the company should own LGO? No critical thinking is allowed? Are you telling the shareholders who are underwater and who can't afford to realize their losses to get out of LGO regardless of their personal financial situation unless they are supportive of management?  Anybody can express his/her own positive / negative opinion about a company on a ...more  
Comment by Clipper2 on May 31, 2022 2:25pm
Hi kha I posted my 2:16 post prior to reading your 2:13 post. Didn't want you to think I was being sarcastic..
Comment by Drhoho on May 31, 2022 5:25pm
KHa, I guess you can equate a positive position as giving advice, but not consider a negative position toward individual management and BOD  as advice, Each position can be maintained, and one or the other will prove to be correct in the future. I do not give nor have ever given investment advice, acutely aware of the multiple individual circumstances including risk management and tolerance ...more  
Comment by kha341 on Jun 01, 2022 11:00am
Did I not say: “Anybody can express his/her own positive / negative opinion about a company on a public “stock” board like SH but it would be ill advised, imo, to give buy / sell investment advice to the public if you were not a professional properly licensed to do so”? It is so obvious that positive / negative positions are not advice. Telling people not to own anything that they don’t support ...more  
Comment by Clipper2 on May 31, 2022 2:16pm
Thanks for that post doc. Here's a reminder of kha's post  on the short position of LGO.  Note that kha pointed out that the short position was the highest since early 2021. Tomorrow should be very interesting. https://stockhouse.com/companies/bullboard?symbol=t.lgo&postid=34700044