Int’l Spec­u­la­tor down­grades First Vana­dium: Sell half

Stockwatch Daily - - MINES & METALS -

THE IN­TER­NA­TIONAL Spec­u­la­tor, in its Sept. 21, 2018, is­sue, down­grades First Vana­dium Corp. (for­merly Cor­ner­stone Met­als Inc.) to a sell from a buy, say­ing sell some — sell half, per­haps — at $1.10, of­fi­cially, “Take profits.” The Spec­u­la­tor said buy on March 21, 2018, at 36.5 cents. As­sum­ing an in­vest­ment of $1,000, sell­ing half of the to­tal po­si­tion of 2,739 shares at $1.10 (1,369 times $1.10 equals $1,506) would re­sult in a profit of $1,006 and leave shares, which cost $500, worth gross $1,506. The down­grade comes with­out ex­pla­na­tion.

John David An­der­son, Paul Ste­wart Cow­ley, Ja­son Alexan­der Wolf­gang Nickel, Fred­er­ick James Svein­son, Radomir Vukce­vic

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