RE:RE:RE:Another layman's perspectiveYou do realize that a number of us here have been here for years with an average price in the 20 to 30 cent range, right? We already saw a drop from 1.80 to 30 cents and back up to the recent highs of 3. You got lucky with your penny flipping, congrats I guess? If that is what you are looking for. And it did bite you once already buying back in the 90s and selling in the 80s, so it's not such a fool proof plan as you try to make it out to be.
monkeyhere171 wrote: I think what you all bulls miss is that there is no conversion capacity in NA as of now. All these battery plants need carbonate or hydroxide not SC. There is a middle man missing here, who will convert the CRE'a SC locally?
Plus I was advising to sell at $2 when the shareholder letter was issued, but bulls were all jumping around, refusing to see the BS within that letter. Then again pointed that selling at $1 will save you 50% loss, even bailed at 80c to preserve my capital.
Now can buy back and eventual sale of the company for , let's say a $1/ share will give me 100%. What will give you?
Further, when /if they make a deal, my cost will be near the bottom so 3x return is possible. What will be long time holders return? Lucky to break even.
But keep selling yourself stories, I had the same attitude before I lost everything with NMX, refused to acknowledge other options. Learn my lesson and pulled a profit here and well positioned to double my share again without adding any new funds.