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Bullboard - Stock Discussion Forum 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 Discussion

Electra Battery Materials Corp. > Haha….how convenient!
View:
Post by v1pro on Jul 25, 2023 10:56am

Haha….how convenient!

Do a 10 mil pp financing at 1.10 with a full warrant a week and a half ago which was the lowest prive the stock has seen in a decade......no sell off thou. ! Then news just out of thin air.....this needs to be investigated !
Comment by MTwallet on Jul 25, 2023 11:10am
The dilution was already baked into the share price. Elbm was grossly undervalued for months. Some institutional money bought every share on the open. Perfect storm. Exit your short position, it's not going to get any better for you 
Comment by MTwallet on Jul 25, 2023 11:18am
I used to feel bad for shorts.... not this time. I hope your margin calls come this afternoon. No body was sending me sympathy cards when I was averaging down from 4$. "Needs to be investigated tho" hahahahaha. Awesome 
Comment by v1pro on Jul 25, 2023 11:54am
Thank you for proving my point ! As you stated grossly undervalued when the pp was done a week ago ! Either totally incompetent management or.....? My margin calls ? Haha you are quite the presumptuous child !
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