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Bullboard - Stock Discussion Forum RecycLiCo Battery Materials Inc. V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminium at battery-grade purity, with minimal processing steps. It aims to commercialize its breakthrough RecycLiCo Patented Process and become... see more

TSXV:AMY - Post Discussion

RecycLiCo Battery Materials Inc. > Time For The Longs To Take Some Profits
View:
Post by Shwayjao on Dec 22, 2020 1:47pm

Time For The Longs To Take Some Profits

I took mine today. I still hold a strong hand in AMY, but volume like this on no news usually means a flash in the pan. Look at MN.V a few months ago, and look at AMY itself over the years. AMY still has a ton to grow, yet until their results are in (then tweaked) from the new reactor, a plant site is finalized, JV annouced, and actual plant costs are out, the real growth has some time before it.

If I'm wrong, I'm still happy. I just hope that all those longs here at least get some of what is owed to them.

Next couple of days there'll be more post from unknowns talking AMY up like it's their house that's just been listed on the market.

Cheers
Comment by goldenrule on Dec 22, 2020 2:01pm
I will do that when it is trading for dollars instead of cents
Comment by gemsearcher2 on Dec 22, 2020 2:27pm
agree Shwayjo, good rationale i think!.. i too decided the right move was to sell some so even though i am real not a long (only in since nov 06)  i just figured the smart thing to do is to take some off the table.. But i got to tell you that it was not easy to let some go, ie: sell just under half my position at 125% gain but i feel this is a speculation run as much as anything ..But in the ...more  
Comment by Shwayjao on Dec 22, 2020 3:14pm
Sooooo true, about learning discipline when investing in the markets. Luckily, we both don't lose either way (strong enough holdings). Some others, however, may not be as fortunate. If the SP does go down to before or near before (a flash only) then that to me is worse, getting nothing for the ride. Greed can lead to heartbreak: Hedging your bets means no heartaches. It's not like many ...more  
Comment by Trachy on Dec 22, 2020 3:25pm
You went in because you thought this company has the future in batteryworld.  Now the future has arrived, sp breaks out, this company is gold, you sell.  Even though I understand the way you think (the other half is a free ride), you will never win the lottery. Wish you the best in finding another investment that brings a higher profit.
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