Post by
liljohnnyjoke on Jun 17, 2024 11:43am
Down down down
no doubt under $2.50US this week, likely $2US by month end
even if now get some good news maybe get a one day pop of 10-20% on high volume as everyone now just wants to unload and book their tax loss
Comment by
deepblue on Jun 18, 2024 1:19am
More bad news coming or is it just the whole sector taking a bath. ALB hit 52 week low today. Might be kicking myself a year later for not loading up the truck at these prices. We shall see.
Comment by
liljohnnyjoke on Jun 18, 2024 11:11am
any attempt for a move up in sp is met by crushing it back down by HF shorts, in last last month this has been up about 3 times, less than 1% up each time, but down the rest of the time anywhere from @ 3-7% for many days in succession. Its not far off from being down 50% from the recent $5US PP financing price.
Comment by
deepblue on Jun 18, 2024 2:12pm
Looks to me the Big Boyz are walking it down and scooping all the cheap shares setting it up for the rebound in 2025.
Comment by
liljohnnyjoke on Jun 18, 2024 2:37pm
That will make it a good tax loss selling buy in late December 2024
Comment by
deepblue on Jun 20, 2024 12:56pm
Couldn't resist, bought more at $3.75. Thanks for the cheapies.