RE:ReflectionA valid opinion. I too am frustrated.
The board and executive and all other insiders are not buying because they cannot. They are not selling because they cannot. They have been in a blackout period for a very long time and if they tried to thread the needle in a non-blackout period it would be very difficult and senseless.
Does it seem unfair that they collect strong salaries and bonuses and options. Maybe. Maybe not.
If they cannot "buy in the dips" like we can and they can't "sell on the crest" or try to time the market then they are able to just do the work that needs to be done.
The UNSEXY, UNFLATTERING, UNINTERESTING, UN-NOTABLE work of meetings, rescheduled meetings, follow up meetings, discussions, email responses, waiting, vacations, unexpected medical rescheduling, more foot dragging from other parties etc...
I am not giving them a free pass. I would love to hear more about progress. I would love to hear more excitment and froth in the PRs when they do come. BUT I am respectful of the reality that they are operating in an environment where we wish we were. We would love to have the insider information. But you know what... If we did and we acted on it then there would be many on this board who would love to make the call to have us called on the carpet of the regulators.
They can only say what is true. They can only show support within a pretty tight window of reality. They cannot pump for the sake of pumping. They cannot "prop it up with share purchases" because they are not allowed. They cannot mislead or mis-speak or they run the risk of greater problems (law suits) later.
So I am a realist. This money is BIG. This market is BIG. Lithium is Critical.
The people around the table with the NDAs know it is a fight worth having but also not one worth rushing through to get ink on paper and a "Bad Deal". We have great brains around the table too who know how to get a good deal done. History shows it.
Would you sell tomorrow if it went back to 3.03?
I don't think so.
If you would, then good for you. But I doubt you would.
Patience is hard to come by but it is key.
HIBL