Atlas Salt Inc V.SALT

What's going wrong for Atlas Salt?

[NLMoose]

Are bad things about to happen for Atlas Salt or is it just profit taking?

I noticed that their share price is down considerably this afternoon, which is not like this company to see its value decline more than 10 cents a share.

Let's hope that Atlas Salt can regroup and claw its way to $10.00 a share as this company has great potential to be a major economic player for Southwestern Newfoundland.

[Canticle]

This is why retail investing is fraught with people losing their shirts. This is pretty standard in any kind of long term run up for a preproduction speculative stock. There will be a time highs followed by profit taking and retrenchment, usually establishing a new range. If you bought Atlas Salt based on a specific premise and have set yourself the appropriate exit points, the day to day

[Laruch12]

nothing is wrong at all is the answer. a bit of day trader technical activity. Chart is great, a bit "overbought" on the RSI, establishing a new range as you note. Looking at the 3 and 6 month and year it's all higher highs and higher lows. Fundamentals will drive this much higher in time.

[Rich2Rags37]

I tink St0ckgirl called it earlier tbh if I'm interpreting her post correctly. 

[Crunchy2chew]

Seriously dude, it went up like 41 cents or so yesterday. This 10 cent retrace is meaningless. There has not even been any news for a while now.   Once in a lifetime stock we have here people.