Sherritt International Corp T.S

The Morons Are Out In Full Force

[SilenceDogood1]

I believe the stock sold off because of the management changes and not the second Q which was kind of neither here nor there.  Some investors were probably spooked by the changes to management including the interim CFO but I think it is all part of the downsizing and optimizing that the new CEO is implementing.  The promotions won't cost as much as the incumbents who are leaving and the new hire is going to help alot with the commercialization of the technologies division.

I see people panning the argument that S is levered to nickel as they mistakenly compare the changing nickel price to the share price rather than the cash flow.  We don't control what if and when the market responds to changing nickel prices but it is very clear from the financial statements that the nickel price does "torque" the financial results.

To many halfwits interfering with good discovery and the sharing of information from the sensible posters on this Board.

[DumbDumberArse]

This post has been removed in accordance with Community Policy

[rkhosla]

I'm not sure I agree - it's not a liquid stock -a handful of folks tired of this waiting game and already having made a decent profit can easily send down the Sp 5c selling a few hundred thousand shares.  That's all that happened yesterday but unfortunately it leaves at this new lower set point for a while.  If only double donkey had 100k shares (or a hundred ADHD friends

[FederalReserve]

$9usd nickel, battery demand surge play, new improved mgmt team as you say? And no appetite for this stock means trouble. There is zero growth story, allot of bills to pay and there oil story which use to produce 20,000 boepd is not even mentioned anymore on earnings statement.adassgar was a billion dollar mistake and block ten was $100mil hole .... Alot of bad mistakes has chocked this company to