Things aren’t so bad Guys, I read this everyday and you all help me tremendously as I work long hours and have a young family, it is tough to keep up with reasearch on top of everything else so thank you thank you.
Some recent frustrations seem to be spurred on by comparisons to other stocks that are going parabolic or simply doing a little better than this one. The way I see it is we have tripled in SP in recent months and have held critical support levels several times. This is positive. We are having a tough time breaking through $1 because there are many many investors who bought during lithium 1 or 2 boom whatever we are calling it and want out now that they see green. They have a high average cost and they see better short term opportunities. They are everywhere. In the case of RockTech and maybe others, this is their lithium 1 so there is nothing in the way for their SP. CRE would be trading much higher right now if they hadn't gone through the rise and fall a few years back like they did. This is how TA fits into the picture of investing IMO.
I see this as an opportunity because these stocks currently going to the moon will eventually come back to earth once the investors take profits and then realize they are years out from production or new catalysts. Those stocks will be on sale once again, not for pennies but seriously de-risked and we will have made our money with CRE and ready to move on. Keep them in you chart list for another day.
Please comment if I am wrong or right, all opinions are welcome, thanks