GREY:RNKLF - Post by User
Comment by
SimplyRunRigon Apr 19, 2018 11:47am
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Post# 27911398
RE:RE:Just sold my 100,000
RE:RE:Just sold my 100,000SimplyRunRig wrote: factRbest wrote: Steep drop in spot price of nickel with an increase in LME inventories made up my mind.
If I had any confidence in RNXs board of dotards I would have held.
Still have my core which just got a little cheaper.
Steep intraday drop (early this morning), still holding on to most of yesterday's gains. Yesterday's jump was so ridiculous, there had to be some pullback.
IMO, the jump in LME levels is barely a blip on the 6 month chart, and not even that on the 1yr,5yr charts:
https://www.kitcometals.com/charts/nickel_historical_large.html