Post by
rkhosla on Feb 17, 2021 11:33pm
‘The Name In Nickel’
$8.54 high so far overnight. Let's see if this gives us a little bump or if we are disconnected from our underlying commodity entirely....
Comment by
rkhosla on Feb 18, 2021 9:33am
Nope. Totally disconnected. We are hated that much. It is nice sometimes to be unloved - for example like when 'deep' value investors like us see hidden gem while others see trash - but I feel it's time for everyone to realize our shine : ). It'll come.
Comment by
thenorthvanman on Feb 18, 2021 9:40am
Ya, I'm getting frustrated. Part of the reason I keep harping on share buybacks is because apart from providing fantastic value it would likely prove a catalyst for the stock. This lack of movement blows my mind but more than that is the psychology of someone that would sell below yesterdays close given what Co and Ni are doing.
Comment by
rkhosla on Feb 18, 2021 9:42am
There is a large subsect of investors who care nothing for fundamentals - bitcoin has gone from 10k to 50k this year and it is just a puff of nothing
Comment by
thenorthvanman on Feb 18, 2021 9:51am
This is what I was lamenting yesterday. Juniors with little to no chance of becoming a profitable company are being massively rewarded (ie CNC) while a current producer with great fundamentals in the current environment stagnates. Hopefully the new CEO has his compensation in line with shareholders and does somthing ( cough, NCIB) to give this stock a bit of momentum.
Comment by
Cobalt on Feb 18, 2021 10:02am
Been a narrative market for years now , Nickel in the name fills a narrative , i got no problem swapping as i use TA, sell the rips buy the dips dyodd