Morning all,
Watching the Li stocks, not really surprised to see AVZ fall to mid 20's yesterday . These Li co's rose fast and high off 1c and 2c starts only last year so valuations on stocks yet to turnover even an avenue of revenue let alone profit may still have plenty of room to find a floor. Pullback on established players ORE ,PLS ,GXY may provide buying ops though .
GSW what a trainwreck that will become when the TH lifts ..again the pivot , lack of revenue but they do have cash from recent placement which was massive - $100m . Interesting
THC held up pretty well over the last couple of shocker sessions looks like nice pennant formation . Maybe good ST buy
MEA yep lost human capital but the IPO was always full of fanciful forecasts imo. heh , didn't McGrath sell out a large chunk on day 1 ? Always follow the money .
Good luck all
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- Day Trading Pre Open - 23 January 2018
Morning all, Watching the Li stocks, not really surprised to see...
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