PLS 0.52% $2.87 pilbara minerals limited

Better Days, page-71

  1. 9,047 Posts.
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    Not really. I bought this stock with the intention of holding to production unless there was a significant break down of fundamentals.

    Now some like you may argue that there was a breakdown based on sentiment and the negativity of the market suggesting black clouds in the background.

    However unless the next few weeks go significantly different to what I expect then that is not the case at all.

    So at the end of the day if I buy at 50c and this goes to $1.00 by production what difference is there (other than emotionally) between a path that goes say 50c --> 70c --> 60c --> $1.00 (as an example) and one that goes 50c --> 30c --> 70c --> $1.00
 
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$2.87
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$2.88 $2.97 $2.86 $29.47M 10.14M

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No. Vol. Price($)
45 205650 $2.86
 

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