SHV 0.00% $4.15 select harvests limited

Almond Market Update, page-71

  1. Htk
    130 Posts.
    lightbulb Created with Sketch. 1
    You're very right @devilcnc!!! This is one of the most heavily manipulated stocks on the market! Somehow this stock became extremely targeted once it entered the asx200 in mid 2015. It gained the attention of the big players(GSACHS etc.) and with its small market cap was an easy stock to manipulate. For no reason whatsoever the company's share price plummeted with the announcement of its record positive result! The SP fell from the $12-13 range to the $3-4 range. Since about May 2016 the short selling and manipulation of SHV has decreased dramatically but it still has days where it's SP is heavily devalued for no reason whatsoever.

    Being a large holder of this stock, once the share price started to fall and downrampers kept coming out of the woodwork, I got quite concerned over the companies performance and got in constant contact with the managing director.
    I've had tours of orchards and have personally invested a decent amount of time and $$$ reviewing their accounts and various systems and processes. They are quite a transparent company and I believe they operate incredibly well. They have recently got a consultancy firm to assist in some new acquisitions and projects

    I believe the company itself is doing very well and there is no reason why the share price shouldn't be at least $10+. I personally value it at around $15. That's my target price as a long term holder.
    Personally I believe this stock is a very safe buy at these prices. My aim is to keep my average price below $6, as this seems to be it's bottom plateau. If you have the funds I would keep topping up on days like today where serious manipulation has pushed the share price down. I wish you the best and sdvise you to remember this stock is a long term buy.
    Good luck to all long term holders!
    You stock manipulators and short sellers though, you can all go get stuffed!
 
watchlist Created with Sketch. Add SHV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.