Trailing stop, page-32

This is a normal market function for us here- rapid rise followed by a profit taking period. Remember we’ve just launched from sub $1 to that $2.20 mark, as in this all happened in the last 30 days.

My emotional side was grumpy yesterday but over time I’ve noticed a distinct relationship with that feeling being chased days later by a price consolidation followed by a rise- and me slapping the man in the mirror.

I didn’t sell one single share and gee, whaddayaknow- we haven’t started a return to the green but the losses are starting to slow down.

The fundamentals are all on ARL’s side, the only other ingredient one requires is time.

I say this regularly, for the benefit of newer people, but our minerals aren’t going to diminish in price from here on in- demand is on the uptick and 2020 is getting closer by the day, the year when China etc have already starting setting mandated targets for EV uptake.

The roadmap shows that we’ll be producing by that time or well on our way, enticing, ( a polite way of saying forcing by default via those government set targets ), some of the biggest pockets in the world- ( energy majors and battery/car makers ), in to approaching us for a merger/take over/joint venture/off take agreement with us.

This is the developed world’s largest resource- any who to try to downplay that will be shown to have severely missed the mark over time, I am happy to always repeat my reasons for being here as a long term holder sitting in the top 20.
At $1.54 or higher, options will steadily be exercised increasing the chance for short term traders to join us which is good- I wouldn’t be surprised if a good number of options holders have already been selling down since the $2.20 last Friday morning to gather the money required to exercise those options.

Conclusion? Those somewhat ‘loose’ shares are now being slowly munched up by institutions and new investors/traders so the register will start to tighten up once more as the institutions won’t sell except to trade, ( sell and buy back in, steadily accumulating all the way ), the pips and dips and the steadier traders/investors will do the same with many investors buying at sub $1.80 not even bothering to trade but instead to sit and wait till the battery etc people come playing the buddy, dear buddy card.

*Dear buddy will come knocking sooner than many think as larger companies require mid term planning at a minimum and so must prepare themselves for each step 24-36 months in advance.... gee- we’re now inside that 36 month zone for those government mandates...
( how can they even plan a new factory if they’re unsure it will be able to be sufficiently supplied with its requisite materials & personnel? ).

Let the jockeying for position from now until those and probably more mandates kick in*