Sherritt International Corp T.S

What the hell

[oceaneleven]

Did you boyz do to this paper???? I knew it would be ugly but this is a wee bit to much....you should have at least left some 42's on the table eh.......

[rkhosla]

I know right. How was physio? I had an order in at 41 but it popped pretty quick back above 42. Alas I think I have enough. The markets letting off some steam as a whole. LOL too bad all of us didn't sell at 59 and load up on AMC.  

[IamMagic]

What is interesting is my other mining stocks also went up really quickly and crashed at the same time as S. First Quantum Minerals is a good example and if you put both Sherritt and FQM trends side by side, we realize that they move together. Don't desperate, the stock value was overreacting when it reached 0.60 and then it just overreacting on the other side - similar as other mining

[rkhosla]

I generally appreciate your point BUT i don't feel we got ahead of ourselves value wise.  Yes it's possible sp moved too far too fast BUT we are just starting to approach a conservatively calculated NAV.  So I would say 60 might have come too soon for the market to support but it still low balls us. I agree with a sentiment NV MAN expresses some time ago: what regional person