RE:RE:$1 in 2021?@krama nice to see you re still active in here :)
just wanted to add: its true that many old bagholders will be waiting to sell their stock. But it doesnt need "a lot of new buyers" - all it requires is one or two raw material funds or pension funds investing in here.
A friend of mine working for a major insurance company and spending millions in bond and stock purchases every day told me 2 days ago that a "race for diversification" now with the new "hype" within pension funds and insurers to invest in commodity companies.
Trevali didnt move up a lot in 2016 because of thousands of retail investors. But because 3 funds started buying major positions and became major shareholders. And the share price went down, because these funds sold everything from 2018 to spring 2020. Big money moves the market.
Retail investors are ... well .... at least normally not responsible for the huge moves...