Really? Like which companies? Great alarmist extreme down-ramp Pippo. This company is struggling due to price of graphite and shorter having a field day, but even if this continued for some years this company would continue to exist. The Chinese cannot keep the price of graphite deflated for too much longer as it is not economical for them either. We have previously determined there does not need to be a radical increase in the cost of flake to make SYR profitable. There is too much interest in the west/US to keep SYR going as it is one of the few graphite producers not under the control of China. I won't harp on about the future of SYR but it is on a different level to one that could "fold". Your comment caused me to chuckle however at how blatant you were. Having said that am I pissed at the present SP for SYR? Yes! But it does not take a genius to see the SP seems to swing between about this price and 70 cents or more every three months. Shorters do their thing but even they are pulling out and there are only about half as many shorts out there compared to three months ago. There are numerous announcements due and we could see a series of them take this SP to $1 tomorrow... or not.
SYR Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
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