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Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.


TSXV:ELBM - Post by User

Comment by 17Diggeron Sep 15, 2021 6:25pm
137 Views
Post# 33866339

RE:RE:RE:RE:RE:FCC and it's aversion to Good News.

RE:RE:RE:RE:RE:FCC and it's aversion to Good News.Share consolidations generally push the share price up for a few days and then the price drops like a rock until the new consolidated share settles in time down at about the price of the original pre-consolidated shares.

In other words, the consolidated share often loses about %80 percent of its consolidated prices within months or a year after its consolidation date. Brent has spoken of this happening to consolidations most of the time and he claims to be waiting until the proper time for a good news stream before he attempts it on FCC.

Just let me know when share consolidation is coming so I can dump all my share beforehand. There will be lots of time later to buy them back cheaper. 

Consolidation is simply financial engineering to attract a class of investor richer  than loyal long term investors like us but they bail when the share price drops afterwards.

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