With movements like this in a day it certainly concentrates the mind.
Do I sell all, some or hold.
This made me think of the performance of Piedmont PLL recently.
It went from a base of 10 cents around the 16/9/20 up to 38 cents in about 2 weeks, had a rest and then moved to 60 just over a week later.
It actually had an intra day high of 64 cents.
Argosy, using the base of 5 cents, around 10/11/20 to 7.3 in just over 3 weeks, a rest and then to today's 12 cents, a few days later.
PLL pulled off some agreement with Tesla for something it is not yet producing or likely to for a while.
AGY has shipped 20 tonnes of a very high quality product to an end user already.
PLL mkt cap $515 million even now at 37 cents after being at 60 ish. cents.
AGY mkt cap $122 million.
I lightened part of my PLL along the way including at 64 cents but still hold some.
With all this in mind makes the decision easy for me to continue to hold even though there will be profit taking along the way by some.
We each have our own MO.
Cheers
Fletch
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