RE:The Morons Are Out In Full ForceI'm not sure I agree - it's not a liquid stock -a handful of folks tired of this waiting game and already having made a decent profit can easily send down the Sp 5c selling a few hundred thousand shares. That's all that happened yesterday but unfortunately it leaves at this new lower set point for a while. If only double donkey had 100k shares (or a hundred ADHD friends like him whom he could influence) instead of his subway sandwich 1k, it would bounce right back. Unfortunately we seem set to languish another quarter or maybe until prices crack 20k
SilenceDogood1 wrote: I believe the stock sold off because of the management changes and not the second Q which was kind of neither here nor there. Some investors were probably spooked by the changes to management including the interim CFO but I think it is all part of the downsizing and optimizing that the new CEO is implementing. The promotions won't cost as much as the incumbents who are leaving and the new hire is going to help alot with the commercialization of the technologies division.
I see people panning the argument that S is levered to nickel as they mistakenly compare the changing nickel price to the share price rather than the cash flow. We don't control what if and when the market responds to changing nickel prices but it is very clear from the financial statements that the nickel price does "torque" the financial results.
To many halfwits interfering with good discovery and the sharing of information from the sensible posters on this Board.