Post by
triken on Jun 22, 2024 3:07pm
unfolding slowly then suddenly
The accumulation of good but unfulfilled news is at least interesting and requires only one project or large order on current projects to propel this forward. I sold shares in April 2020, news release came later that day re plasma torches and iron mills which I fortunately saw 15 min after release buying back half of shares sold an hour before, the price vaulted eventually to $12. This over-exuberance in share price probably does not exist in the investor's psyche today but I would be looking forward to at least a three fold return which would wipe out my realized and non-realized losses for this year.
Long term shareholders have learnt to be very patient comforted by the attacks of shorters and the algorithmic takedown over the past 3 years,
Comment by
kjs4381 on Jun 22, 2024 3:49pm
I think the over-exuberance does still exist. Just need the right news. Jmo