Conversations in the Jungle
InvestorSarfari Comments:
Occasionally InvestorSafari will sift through, compile and repost (to save you time from trudging through the online swamps) some of the more relevant comments and opinions made on chat forums – this to gauge investor sentiment, good or bad!
For more coverage, visit InvestorSafari.com “News” tab for our commentary that appears above each published media. The media in this section directly mentions all of the companies we are following.
Posts are rated using dollar signs $$$$ to indicate significance of the news.
Also, there’s a Telegram thread where you can comment specifically about Lion One Metals: https://t.me/liononediscussion
As market uncertainty continues, wild swings should be expected. Emotions can get the best of people, as one poster from ceo.ca comments,
@Daniel1991 @covie1646 “although I can't know the ins and outs of what's happening here's how I see it. It's a buyers-market right now, whatever price the sellers are willing to sell at is what determines the overall price. But in such an environment, with heavy heavy losses on some indices, it could very well be someone with a significant amount of shares selling lion one off to cover losses elsewhere.
Interesting theory! Or is it? Another poster from ceo.ca responds,
@London17 @Daniel1991 “I don't think anyone is really selling LIO in size to cover other losses. We would see much higher volume. Also during market liquidation days like Tuesday, the most levered (read as margin call purchased stocks) fall the fastest as they are margin called and forced to sell. LIO did really well and you can tell this is not the case. I have rebalanced to have the allocation I want.”
As always, there are multiple sides to a story! Very much like the many possible paths to take in the investment jungle!
@WisGuy1 thinks that Walter Berukoff is only nervous about getting $LIO acquired around the $3 mark, nervous as in its too cheap… Others do say though that Walter doesn't seem to care about the share price- although he was pretty nervous that LIO would get taken out at $3.
Another poster seems to be on a similar thought track - even saying that the shares are extremely undervalued!
@Guennrich “The Share is completely undervalued... This is complete strange. It is a wonder that the company is not taken out. The Lab, the 8 Drill rigs, the mining equipment, the 45mio on Bank. The Iron Ore royalty... For 170mio... Some fonds should do some math.
Quite the span of opinions. As always, it’s recommended to have a level head when making investment moves. All the more important during storms, while making your way through the investment jungle.