Re: Previous postIn a recent interview, the great John Keiser said that at the end of December he was so frustrated that he wanted to take SCY off his favourite stocks! In the end, he changed his mind but I thought to myself: Here is a guy who is THE promoter of this stock for more than a decade and he is frustrated. What about us the small investors?
I am not complaining. I bought it many years ago for 12 c (upon Keiser Research recommendation) sold it around 40 cents and then bought a lot at around 7-12 cents. (Everything is documented on this board) so I am alright with SCY, and I think I got the right feel good and bad about them. This is what I think. Rio Tinto and IPG will open the eyes of the world to Scandium. Once this happened, SCY will be a major player in the Scandium arena. However SCY needs money, they are already in the red. As it happens many times, the price goes up by people in the know. Then the price goes down to suppress the price and to make it more plausible for insiders/ institutions. If I am right then this week they will announce Private Placement of something between 5-10 million $ at around 25-30 cents. If this will not happen this week or next week, the price will tumble to previous levels.