RE:30's gradually bought - at Frontier of New Developments??We have seen this picture before.
We are in a period where the price has jumped and investors who got in through the private placements have made their money and want to get out. They set a limit price right now probably $.30 where they'll sell. Anytime the share price gets to this price it is met by selling. Eventually, they will have sold out their shares and the selling pressure will be released. At that point any positive new should send FL (HLM) significantly higher. This also occurred in the first half of 2015 where the was capped at $.15 and again later in 2015 at $.20.
Everyone just needs to be patient.
Anyone who has been in this stock since late 2013 has made around 4x their money and there should more to come given the strong management team and the underlying fundamentals of the lithium market.