RE: RE: RE: RE: House PositionsFor the new people that are hanging around, and I am not too old going into this, go to the CIN bullboard. Lots of chat there. IMT is one you can look at too, but with the low float like EMI, there is not much chat. The problem with EMI is that you can't bet any one day that you can sell and buy back in because of the low float. You might miss a step or two along the way. You have to buy and committ. I was thinking of selling some positions last week, but crazy me, as I said, I bought more at a price that is above today's close hoping I didn't miss an opportunity to buy lower. I was wrong of course. I am really sitting on my hands hoping for the best. As mentioned today, the one good thing here is that REE exports from China dipped 77% last month. That's huge. It could mean a few things. Either, they are running out and need it for their own, or, they are just running out and need it for their own. With North Korea doing what they are doing, I'd only think that these REE plays will get better traction soon, and they already have. The low float really doesn't make this a day trading device either. I have noticed that you put a bunch of shares on the block, they get wiped out, and you can't buy lower in any given day and it rises, then, the next day, they pile up on the sell at
.22 and you could get in for
.19. But today, it was
.175. The quick uptick at the end was just someone saying, they don't want to miss the boat and finally after holding a bid at
.175 changing to get all they can. Without doubt, given the float, there is interest here and you might see some of these claims just getting bought outright altogether. Just a thought. Hind sight says that I should have sold last week when I got scared and left a bid in at $.18. The only problem with that is that only 500,000 shares traded today and like me, some of the others are just going to hold.
Cheers.