RE:Macroeconomics 101At this point I have not jumped on the Blame Management Wagon (yet) I do find it interesting that it is coming to the holiday season - it could be someone taking some profit for the holidays - taxes - or someone who just plain needs the money.
Someone in an earlier post gave us a good reminder that this company is essentially a start up - and on its way to producing its product. The buildings are there, equipment is in and coming in, agreements have been made (mostly non-binding -but still good), hints have been made about behind scene discussions (usually those hints are followed up months later with actual info - yet not boost to SP).
This company is on the radar when it comes to the EV minerals market - it will start producing very soon, and turning a profit (holy $ it better turn a profit) which could help the SP (holy $ the SP better go up when / if profit begins).
I am going to give the company (management) the benefit of dobut (for now), but, as the factory comes on line, and prduction starts (or close to), I am watching to see if any binding agreements are signed, and how the SP reacts then. If binding agreements and production do not greatly increase the SP, then..... .
Also, part of me is still thinking we need to watch out for Electra to be bought out / taken over. Like the person said and I noted above - this is a start up complany - Many small start ups get taken over - benefiting the leadership of said start up. We shall see.