Post by
jazzlistener2 on Jan 31, 2023 4:44pm
reason for the selloff
Now that the pea is finished , along with all the drilling, what's going to keep the salt ship afloat. Only news on the horizon is the ffs, which could be 6 months or longer in the making. Their past record of going silent for months on end doesn't help. A partnership or extra investment is not going to give us the reward at the end of the day. A buyout is what I signed up for. Hopefully buyout talks will manifest out of the blue somewhere along the line. Fingers crossed.
Comment by
StockGiba on Jan 31, 2023 7:28pm
Well..... If you invested you will be alright. I think most traders wanted instant gains with the PEA and realized after the shorting started that there were out or that this would be a longer hold. There is a promo starting and the FS is due within a few months. I think the FS will be a lot less conservative
Comment by
Liked2Think on Jan 31, 2023 8:38pm
I doubt there will be anything buyout related until the fs is released. I also am assuming they will be late with it or it will be on the last possible day for whatever (early 2023) means. until then the sp will dive back down. pumpers will say a buyout could happen at any second or that the fs could happen at any second. June you can start to buy again