RE:RE:RE:For what it's worth...@Fed You mentioned some of the points I’d make also, on a balance sheet basis mangement has tried to clean the story up a bit, don’t get me wrong I’m disgusted with management as much as the others here. But the street didn’t like what they were selling them, I don’t think they thought this would tank the way it has, and quite frankly neither did I. These guys think about balance sheets too much, that’s the way, we are in the millennial investment era, speculation, and insane algos. Throw the fundamentals out the window, lol!!
The big story is these tariffs, the electric market boom has been put on the back burner for now but it doesn’t mean it’s not going to be a huge deal. The tariffs have clouded all optimism for now in this market for the time being going forward.
Eventually these stocks will fly, and they need to weather the storm, algos and hedge fund shorts are relentless these days. They destroy even good stocks sometimes if the right ingredients are in place.
The best thing this pig has going for them is this booming battery market in the future and this is why I have stuck to the story. It’s also a recovery play still, if it can get out of the hole. We really need a change here in management, or some good news, especially like Ocean said from China and the US. If the management shakes up I could maybe see a quick flash to .40s and buy if it bounces. My instincts say we are getting close though, but again if markets crash, day goodbye.
Techincally speaking also we should get a pop here in the .50s unless the earnings is a disaster, I may have to give up for the time being. Don’t like holding stocks that have no support.
good luck man, I really wish us all money, but no more love for the shorts, there time has been had. Stay class Sherritt!