Cobalt up 3.13% to $49,500 by the way...
Not sure what to make of this; Profit taking that has lead to a fire sale? Punters listening/acting on an article that was probably written in the best interests of the people writing it, not reading it? A tree shake by someone wanting to take a nice portion of the company? Maybe a hostile takeover is in the works (this one I doubt)
Just about all cobalt stocks are down significantly since early yesterday afternoon. There is a saying 'The time to buy is when there's blood in the streets'. I'm liking my chances of a 20-40% gain here over the next fortnight and didn't hesitate to sell some other holdings to pick up a few more here myself
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