it doesn’t feel like fundamentals or news or zinc prices or any of the negative news has anything to do with the SP dropping 25% in a few days because all that bad news existed last month when the company was valued at 33 cents.
It feels like the stock is being shorted by the largest stakeholders who hold at 33 cents and above. Notice how every day just before closing a bunch of profit taking occurs from short positions? This SP is so easy to manipulate that anyone with a bit of cash can short causing 5-10% swings. Then if you hold a long position you are hedged; meanwhile you earn back that position by manipulative trading.
The mumbo jumbo talk about cash burn and costs is a silly distraction to make punters believe there are legitimate reasons behind the price drops.
it doesn’t feel like fundamentals or news or zinc prices or any...
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