Post by
WallStreet45 on Mar 29, 2021 8:00am
CYDVF Patience
Cypress Development is well positioned to gain significant growth over the next 12 Months! Everything is currently moving into position as we speak, the offering is currently over, the Pilot Plant is being built, cash on the balance sheet more importantly Dr. Bill Willoughny has assembled an extremly competent team that will extract the lithium from the clay. This is not a sprint but a marathon!
Comment by
fulogas1 on Mar 29, 2021 8:35am
I think that we all should relax after seeing some of the insiders also bought into the $1.25 shares from the P1 offering. They know it is going higher IMHO
Comment by
yakattack on Mar 29, 2021 9:09am
That's all nice and dandy but we are still sitting about 8x less than our competition average. When cyp is trading at $8-$9 then we can relax and discuss how great it all is. No matter how great it is, we still sit 600-800% lower. That needs to change and not in 18 months. Needs to change now.
Comment by
johnu48 on Mar 29, 2021 12:17pm
Continually averaging down is like catching a falling knife. Long term investors will average down until the SP keeps sliding to a point where you are just being suckered in. Look up any literature on investing strategies and it will tell you that continually averaging down is a recipe for disaster.
Comment by
Hopeful123 on Mar 29, 2021 12:21pm
DM said on Friday that stock has bottomed...guess the bottom fell out. Never could figure out this company..
Comment by
johnu48 on Mar 30, 2021 12:51pm
So much in believing what DM tells anyone
Comment by
johnu48 on Mar 30, 2021 12:56pm
Last Friday DM apparently told a caller that the bottom had been reached in the falling SP of CYP. Well today it is trading @ 95 cents. and the stampede for the door seems to have started. I personally wouldn't believe anything that comes out of mgmts mouth. Shades of Bayfield. Lac NRM Pe and ETMC are up and CYP is crashing as I and others predicted last week.