I do Uranium and Lithium stocks weekly reports in numbers for over 3 years. I have seen shares rise from 2 to 40c and come back below 2c. Similar rise and falls for tens and hundreds of stocks, not just a few. Losing over 95, sometimes 98% of their top value. So its possible what you say. I myself played IMU from 2 to 50c, it went around 64. And it has come to 3 now. Lost over 95%. Even MTM has a chequered history, rising from 2 to 22c, then back to 2c, then to 31, back to 12.5, who knows where the bottom is. I wouldn't be surprised to see some more scares down, unless some big holders, big announcements provide solid support. One reason I play with caution these stocks, if its falling down, try to sell and buy back, if I want to play medium/long. Also reduce holding when falling. . But what I was talking about is something different. I was curious, or you could call a cheeky one, why most experts are one-dimensional, experts and reporting when price is going down but not be seen when rising. . Anyway, your username is about charts. What are the charts saying? Any views?
MTM Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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