RE:The real bidding will begin after the Market has GarryJan1 wrote:
absorbed the news and the stock is getting close to trading again.
Watched it many times over the years.
I expect higher trading volumns to start and continue in the weeks ahead as many different brokerages = funds = individuals and companies take positions in Cypress.
It will be an exciting time for sure never knowing when another halt could come from a large buyer or acquirer like our neighbor ALB.
Remember ALB want to increase production in Nevada and are only producing 4000 tons a year right now. Will Albermarle let the Koreas or Chinese buy out Cypress ? Will the USA allow a foreign entity ? I very much doubt it.
Who knows, we might even see a sellout after the news. The market is so irrational and bots are controlling a big part of it. I'm long on this play so lets hope for the best, but always be prepared for "UNBELIVEABLE BEHAVIOUR"!
Long term we should do AWESOME, but I've seen so many stock plummet after good news. Sell on news like they all say, and go away in may... Might not be the case with CYP, but who knows. Like I said, LONG TERM we will do amazingly good, but one step at a time! Lot of people will be a in GOOD money too so profit taking will also take place.
GLTA