Wow what a mixed bag of posters we have on here.
I like many am keen to read balanced and factual views, especially when they may be a holder and negative, but there has to be a balance.
People who repeatedly call this a "dog stock" or brag about how right they are when people are losing money are a bit hard to read and take seriously.
If there was less antagonism and more sticking to the facts around here, it might get a bit more useful of a forum. I remember the early days of PLS and NEU had their up rampers and their down rampers. Look at them now, made average people into millionaires.
I remember when LNG and ALX were multibagging and there was up rampers and down rampers. Look at them now, made average people remain average and probably made some rich people less rich.
My long point is, even a broken clock is right twice a day, whether you are preaching positive or negative sentiments. But for the love of god, can both sides please just stick to facts.
For example, the facts in my opinion are:
Fact, it has been a reasonable expectation of at least some holders who understand nothing is free, that leading up the large DOE loan and on the back of the Telsla deal having a tight deadline, we may need additional money to get things moving.
Fact, the share price has seen a steady decline as that's what happens in markets where people want to either jump on the next money train when big progress is made, or people lose patience or faith and bail when things drag or a unsuccessful. It doesn't have to be a conspiracy, the company have not yet made enough tangible progress for the share price to be steadily moving north, and since the registry isn't tight and there's a lot of liquidity, it's continued to drift down. That does not automatically mean short traders, institutional manipulation, or huge issues for the company in the near future.
Fact, if you have recently invested as I have at 40c, you shouldn't exactly be surprised its continued lower with no postive tangible news. That doesn't mean people should have been willing to roll the dice and wait to see how low it would go. If the fundamentals don't change, I am personally happier to average down and be sitting with shares for something I have come to have confidence in. Doesn't mean I won't be wrong, but you should have confidence in something you are going to risk your money on.
Fact, this is a speculative investment, not a blue chip. The odds of it turning into a multibillion dollar success exist, but they aren't high. If you want predictable success, go watch Buffet make $700m in dividends from Coca-Cola. Near sure things are out there, but you need plenty of money to get rich off them.
Fact, if the company miss the June deadline and Tesla don't extend, the share price will unsurprisingly probably take a further hit.
Fact, if we all just stick to facts and maybe speculate a little less, there may be less head butting and we can all learn both the good facts and the bad facts as we go along.
Fact, I may sound like a something head, but I am genuinely tired of the useless noise and I haven't even been around long.
Stick to facts and throw in some opinion for all I care but any up or down ramper who posts empty sentences like, this is going to be a multibagger, I told you so, or this is a dog stock, deserve to be put on ignore and sent on their way.
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