STM 0.00% 1.4¢ sunstone metals ltd

I make the following observation. I say this from a position of...

  1. 8,110 Posts.
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    I make the following observation. I say this from a position of ignorance, I am not a commercial stock player I am just a really old fella that thinks he sees a trend.

    I assume that the BOD believe that they have found the pot of Gold. but are short of cash, I think that there is a group of potential or possible investors who are very skilled at forcing prices down.

    They are in effect driving fear based decisions on the part of Mum and Dad investors, who fearful of losing more money grab a sale and leave.

    I suspect that the SP may well reach .08 or even .07. Then a possible hostile take over may eventuate.

    I was in STM, and I may get back in, I got out at round 3 cents, so if I get back in now and it moves up to 3 cents I will have done well But I am simply not sure of when to get in

    CB
    Last edited by Camdenbob: 29/02/24
 
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