Post by
Stratocheif on Oct 27, 2022 6:47pm
Predictions anyone?
Read my post below from Jan 18, 2022. At that time nickel was around $9 a pound and sherritt was around 50 cents. I predicted that if nickel goes to $14, sherritt will only make it to 80 cents. Well it turned out just like that didnt it.. A few months later nickel was around the $15 mark ( notwithstanding the short-lived spike caused by the LME fiasco.) And sherritt hit 80 cents just like i said. . An absolute disgrace of a stock price considering what it was 10 years ago. So let's make some predictions here. What will be the price after the Q3 report. Nickel is down again... not $15 any more, and analysts see earnings at a mere fraction of Q2. So what do we say? Sherritt at 30 cents by next month? Maybe 20 cents? Or maybe a pleasant surprise and it stays at 40 or goes to 50. But I doubt it. Let's make some guesses people. I continue to believe this company to be poorly managed, suppressed in value by its geopolitical issues, and as a consequence lack of interest from investors. Mr V can continue his phenomenal obsession with this company....don't know why...only he does apparently. But he's not having much success in moving the stock price is he ................................................................................ Stratocheif(176) User Actions January 18, 2022 - 07:03 PM 488 Reads Post# 34330841 RE:RE:s Last time nickel was at this price sherritt stock was between $5 and $6. So what are we hoping for here? Nickel goes to $14....I guess sherritt will probably go to 80 cents. Pumping 80 million to do upgrades that probably could have waited for years. This company doesn't care about stakeholders. They're like a mismanaged household....earning peanuts but get a million dollar house and two new BMWs in the driveway just for show all on credit. Get ur financial house in order first please....80 million wtf. What are they doing rebuilding half the mine so it looks nice??? It's operating at capacity as it is isn't it? In the past couple of years or so they've spent many millions upgrading to a state of the art IT system, a new acid plant, and recently a fleet of bran new electric vans for thier supervisors. Oh they're such a wonderful company. I guess they're not familiar with the word PROFIT.
Comment by
StockPick50 on Oct 27, 2022 9:50pm
40 cents for the next 6 months with a continuing receivables problem. The big players won't play this stock.
Comment by
rkhosla on Oct 27, 2022 10:15pm
I predict SP (in pennies) will be less than or equal to the daily number of Verificate posts. So basically the sky is the limit.... $.SP <= #Vposts/day .
Comment by
rkhosla on Oct 28, 2022 12:54am
$SP/100 </= Verificate daily posts Khosla theorem. Zero probability of ever falling to zero. High probability of going parabolic to $2.00-$4.00 (a mere 200-400 posts per day - HE is almost there - just needs to work a bit harder)
Comment by
VerificateASAP on Nov 04, 2022 5:42am
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VerificateASAP on Nov 04, 2022 5:53am
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Comment by
VerificateASAP on Nov 04, 2022 5:59am
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