@Yowie21 I think you’re conflating current SP and direction with...

@Yowie21 I think you’re conflating current SP and direction with likelihood of success overall. As previously the JRO overhang and uncertainty on plant performance is weighing badly on AJM hence the downtrend. If the plant performs anywhere near nameplate the company will become a cash cow and clear their debt in a couple of years. Just that trajectory will show how badly mispriced it is.

yes from a technical/short term traders perspective it’s pretty ugly but that’s not the timeframe many of us care about not the timeframe that will yield the biggest gains.

If i if I didn’t know better the flurry of technical ‘help’ bring proferred and the level of bearishness with it would make me think some were bottom finishing to get a quick buck from nervous holders bailing out.