That was just my inital strategy when I entered PIM.
Time a nice entry, wait for the first rock chip ann then out, move onto OZM then ADG maybe.
I'll trade the highs and lows tho, depending on how the next ann goes.
The price of Lithium may actually hit an oversupply in the 2 years which is reflected in the spot for lithium coming down at the moment.
Everyone has their different trading strategy and what they want out of a trade.
If the first rock chip ann is hot, woohoo up she goes, it'll then peak and then start to retrace.
Sell into volume near the peak is what I try to do.
And if the stock is good, I'll check out when the next ann is due and bide my time on an entry.
Just an in-site to my trading.
disclosure - in on the oppies at 3.3c
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That was just my inital strategy when I entered PIM.Time a nice...
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