PSC 0.00% 9.7¢ prospect resources limited

4c Party Is here, page-340

  1. R08
    8,371 Posts.
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    Skorz, you are right....
    This has been an easy in and out trade since Thurs...many times over. 6.6c today was a gift .... From an entry at close yesterday at 5.4c for example and so on and so on.

    Buy on hype, sell pronto as momentum shifts to fear....it's just a trade at the moment in my opinion and at $10m worth of stock traded today alone on the ASX - a lot of smart money came in and then got out.

    Whilst encouraging that Li has been struck - without disclosure of length and confirmed grades - volatility will remain.

    Comparisons to PLS for example are misguided at this early stage as that became an "investment" once full disclosures were made - prior to that, it also had huge waves of volatility.
    Time will tell....

    I know many though are still smiling on this one - just like my young friend @voncee who got in early
 
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