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Telluride

4,683 Posts.

667

27/02/20

19:30

Post #: 43196176
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Originally posted by CheyneD ↑

LCK is still a spec stock, and until something involving a $ value is announced, the SP movements may as well be on a roulette wheel.

Absence of news, or the anticipation of a lengthy absence, will always gradually push the price down.

Fundamentally, I’d say we’re in a better position (in terms of progress), than when we were at 40c..... making the current SP undervalued (in my eyes, as a speculator).

Take the saying “the market is always right” with a grain of salt, when it comes to the spec end of town ....
Trade the trade and if all goes well, keep a free carried parcel if you still believe the story.

Cheyne.

Expand

As with your free parcel strategy was still a profit, so why wouldn't you still
manage the parcel with a stop loss, why would you watch your profit capitulate.
Its not free then is it ?? Profit yes is good, but why let get eaten away is my point.

Last edited by Telluride: 27/02/20

LCK Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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