Post by
AucontraireII on May 20, 2022 10:31am
Not good
The market usually prices in known information. So when the last zoom call which stated clearly that metal is in the way, and soon, yet the stock price did nothing, this says to me success is more or less assumed already. Priced in. So I am not expecting anything like a sharp move upward....it would have already happened. Maybe a little bit when the announcement is made....but not much. So for now this is the value until something new and material happens. On the other hand, if the news is bad or there are glitches...uh oh....back down. I have only lost money betting on sure things.... never made any. JMHO and from my own limited personal experience.....FWIW.
Comment by
AucontraireII on May 20, 2022 12:40pm
Ok gr, I can certainly accept that outcome as well. I certainly hope I am wrong, and the good news is I usually am. We will see!!
Comment by
Bingbong87 on May 20, 2022 4:24pm
Let's not forget about the 3rd party valuation...this will certainly have an effect on SP. This is known information that can't possibly be priced in seeing as nobody knows what the valuation will be.