PLS 0.34% $2.99 pilbara minerals limited

January Tea Leaf Musings !, page-312

  1. 5,246 Posts.
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    $7.50? Such fiction should be banned as blatant ramping. You think PLS will have a market cap near that of South32 or FMG? And be a top 10 mining co by market capitalisation? Sheesh, keep it real. A lot of people investing in this sort of stuff are first timers and take a lot of the rubbish written on here as legitimate advice.

    Reason it’s going up and down so much is gains that usually go up so much and so fast are a result of hot speculative money. They almost always retrace to back to a sane level.

    Beware of the boneyard of ex ‘has been’ commodities and stocks. Many reached much loftier valuations and are now delisted or back to their original couple of cents. Take some gains and only keep what you’re prepared to lose. My 2 cents.
 
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