RE:RE::(Understand your ‘keeping the faith’ part but this is about bringing this to levels that are ‘allowed for’ by the market conditions -- the demand /supply realities of the last numerous months.
I firmly believe we were there (bottom) at 1.33/1.34 … going under that baseline is simply a momentary trickle (of retail folks) that don’t have enough ‘faith adhesion’ to holding on the Largo hill and … topple&roll over to other pastures where, they believe, more $ could be made by riding another sector or just another up-lifting stock.
Fundamentals, as we know them (even including re-measurement dynamics) for Largo are much better than ever – lest not forget.
I am truly quite surprised that this was able to break 1.33sh… It is plausible that overall conditions scared some (activity volume not that high!) … we now have realtively strong numbers in the USA, Europe, Asia’s moving and so is SAmerica… progression is happening NOW…
Selling now is understandable, perhaps, but rather regrettable when after all financial health is ratchetting up