RE:RE:RE:RE:RE:RE:RE:Email from YDLithInvestor wrote: I currently have 5 companies in my portfolio, and I will agree that I question YD's share price the most out of all of them. Thats why I am excited about the upside. Low volume pushes this stock up and down 10 percent, which tells me that there are long term hands at play. I believe it is starting to get investors attention, hence the high volume days. Its hard to find a company with such a low float that ACTUALLY generates revenue and isnt soaking up private placements, etc.
TheBellTolls wrote: Agreed. Never seen a stock with so much potential, F500 clients and revenue AND low float. This is what I find so puzzling. I know I know. Warrants keeping the price down. But this sp is ridiculously low. That is why I question what is going on
Question to both of you...
If you owned a pile of these warrants at $0.35 what would you do?
If it was me, I would be shorting the stock at anything around $0.40 ish, and filling the short with a share from my warrant. And when the share price gets down to $0.35 or below because of the selling pressure, I would be buying a bigger position for long term and pocketing the gains...
It's easy money or am I possibly missing something?
IMO, a person just needs patience. If you believe in YD, view it as a window to accumulate. I am currently buying anything at or below $0.35
Now go look at a 6 month technical chart with Bollinger Bands, 50 day and 200 day moving averages.
IMO, that chart is starting to shape up nicely again. You have narrowing Bands which indicates decreased volatility and a share price looking for direction. You also now have the 50 day = 200 day... If the 50 rises through the 200, this is viewed as a Bullish signal. Now twice before (while the share price was above $0.35), the candlesticks tried to break through the top band but failed. This is the resistance line which is now at $0.423 (I use 21 dma)
so question becomes this...
Why can't it break that top band?? I personally think warrant pressure as mentioned above.
Only a strong catalyst will cause it to go further IMO. And that will have to be guaranteed contracts with guaranteed revenues
Shareholders with strong hands would help too...
All my own opinion... And I am long this company.
good luck!
FI4