Generally agree about the rear view theory although many people think that history is a great teacher. So why shouldn't it apply to the future.
In saying that ORM was a very successful short term ramp to give a few keen directors and major shareholders a cash windfall. Unfortunately the stock has no REE follow through until it is able to recommence drilling when the northern wet dries up.
Malcolm Creek drill results are suspiciously slow at comming through but this crowd would look at any excuse for another run and profit take - especially since their options are close to expiry. It is that fact that leads me to think another run will occur prior to 25 Feb. A run will enable the directors and majors an opportunity to again sell higher price shares to enable exercise of 12 cent options into higher price shares. Money for jam for the boys.
I expect to pick shares up near 20 cents in the near future and to ride the manufactured share price run. I wonder how high these tightly held shares can go before a speeding ticket arrives.
Sorry the Yue share acquision price I mentioned should have been 27 cents. But Yue appears to have specul;ated on a few REE stocks including NTU so he is well in the money. Pity ORM management couldn't pull off the NTU performance.
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