QUEST RARE MINERALS LTD QRMLF

RE: RE: rising tide

[pulverizer]

Analyst and traders are not willing to understand the difference between HREE and REE. Maybe that will eventually be the "ace up the sleeve" but until then, the traders will trade as they please. With MCP breaking through a significant technical indicator today, it's bearish all the way into the teens now for the next little while. That is going to drag the entire sector down with it. BNN personalities believe that REEs are not as "rare" as though last year, that China's quota is more than enough for global demand due to the up-coming recessions on the horizon through out the world, making demand for them less important. The difference between HREE and REE is immaterial at this juncture until something else suggests that change. It will take a few quarters of MCP's earnings to "beat expectations" to change the view of this sector. I got burned huge here. QRM destroyed my wealth as I foolishly put too much stock into it and it killed my portfolio. What bad idea that was. QRM is definately going to be dragged into the 1s as MCP is dragged down futher by short sellers and technical traders who have been watching it in a "falling wedge" for the past couple months. Now it has broken out to the bearish side and the gloves are off with all the auto-programmed computer technical trading going on..... Honestly, if you bought in the 5s or worse you're in for a long hold, like years to get that back, if even at all..... because as "good" as this property might be, without it becoming an actual mine, it's just pure speculation and the past year and year coming are not really the times to be trading such high speculative stocks unlesss you are more than willing to hold for years and years. Eventually these will bottom, but I wouldn't be surprised to see QRM retest the 2011 lows of $1.85 and lower.