ESR 0.00% 0.4¢ estrella resources limited

The Siemens numbers was a red flag., page-123

  1. 9,764 Posts.
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    Nice 10-20 bagger from 1.4c.
    Congrats to all the ST traders who got in sub 6c and then rode it like a bull to 20-27c where I called the top and closed at 17c that day,
    Now looks headed to that 6c ledge shoulder if lucky to hold that.

    Comparatively, if MCR POS are double/triple ESR MC with 15 times more resources and infrastructure and built prior producing mines and more than triple the ni grades of 3%- 9.1%/5.1% then ESR is either way overvalued or MCR POS SGQ are way undervalued, cant be both.

    I also mentioned the power of gravity, it can smash meteorites to a pulp, smash bones and keep zillions of megatones of liquid fusion helium in space orbit as a sun, dont fight the power of gravity.

    Bubble is popping fast. Red flags waving
    monthly rounding top pattern and shoulder drop looking ominous to 6c- 2c,
    could stabilise around 4-7c perhaps but who knows? A falling knife is hard to predict.
    This thread started at 15c-20c was spot on.
    Irrational exuberrance, unbridled ramping & unjustified speculation mostly end up in tears.
    Last edited by tomboy: 05/11/20
 
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