RE: RE: RE: Click on 10 year of chart....Yes veryThere is not a play in the REE sector that isn't going to fly. I like this company, but even if I hated it, and most people hated it, it would still move up substantially in the next year.
The macro story in REE is ridiculous. It may just be the greatest macro story in investing in a decade.
The supplier of 97 percent of the world China has decided to not let the world have any basically. And don't think they won 't cut more. They will. China will look out for one thing --- China.
Then countries will hold back on their goods, and China will hold back some more, and it's a flat out resource war.
I am not the most intelligent person by any means to talk about the fundamentals of this particular company. My due diligence in comparison to some of you in this stock is not at all up to your standards. I have learned from you and will no doubt keep learning from you.
I am just another person who looked at this stock price, stock chart, the increasing volume, and the sector of REE, and I said this is a must buy.
And believe that there are many like me and many, many more to come like me who are just now learning about this company.
This sector is a stampede.
Someone said that it has traded many more shares and still no uptick ostensibly in the stock price and that's a problem. That may be true there's no movement..... for now.
I have told you what I lack in fundamental knowledge of this compay. I will now tell you what I don't lack -- an understanding of how volume keeps moving higher to allow bases to keep building and sellers keep getting replaced by holders, and boom, one of these days, resistance is broken, and you all can smile happily again.
The price action of volume combined with price movement combined with sector strength makes this a big winner to come.
cheers