RE:RE:RE:RE:Lee Cooperman CNBCNewAgeMetal wrote: Me too!
Im just a little pessimistic today. I've held this one since getting greedy trying to squeeze a little extra out of the 2018 run up.
We come through Glencore's remeasurmwent, multiple exec changes, promise after promise on battery, covid, ongoing awfulness in Ukraine, new standards......always a reason brighter days are coming for Largo, but it always seems to allude us.
I thought it was finally coming but now we're hearing of covid in China, India buying up commodities from Russia despite sanctions, a recession from inflation....all points to Largo's recent rise fizzling out again.
This thing just can't seem to get going. Don't get me wrong, I'm grateful to have come off the recent lows but some days I wonder if we're stuck in the mid teens for a long time to come.
With their zero tolerance and the will to shut down whole cities the raise of covid cases in China could have a big impact for all commodities. Besides Q4 results, the rapid increase of share price the market expectation of the market from the situation in China could be a big driver for the retreat in share price