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11:42
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Originally posted by ContraryJ
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Thanks for link. I never saw your reply. So my numbers are laughable! I used Au 2.64 for the LA and CE. Now todays price for 99.x% La and CE is about 14.5 RMB per gram which is US $1.75 KG = AU $ 2.10 KG without VAT. Now could you explain your statement of “What about value of high grade La and Ce products the company has developed and now selling? ash flow and earnings. If both positive the stock goes up both negative stock goes down. Now when cash flow comes out next Tuesday we all have 3 weeks to guess at profits. My guess if Cash flow is more negative than lass Q which I think it will be then that is 2 Qs of increasing negative cash flow stock will drop. Not saying anything has leaked just Usually stock goes up on leacked good news and down on fact. Down on leacked bad news and down more on fact. There are always exceptions. i do not know I just go with averages.
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I was seeing the trading lately as shorting CJ. Imo they could have smashed it much worse yesterday but it held (or was held) at around $2. To state the obvious, we will see if it still holds on Monday. If it does I am of the opinion that there is good news coming not leaked bad.
