They are not investment decisions, more observations of price action, and are trade based, not buy &hold.. Not every one of my buys results in them being put away for a rainy day, as many other traders also do.
The trades continued again today, but at higher amounts per trade. I'm of the opinion that they are being sold into the buy que at market, so as not to spook holders, so looking like a major holder wants to exit the company.
The long range tin price is based around 40/t, not sky high that many 'analysts' believe, and that is where I base my actual investment decisions at. Once the price hovers around 42-45/t, mines will spring up everywhere, so the higher levels expected are short term only.
i operate in realistic pps, as this gives me a far higher level of comfort. Too much optimism often ends in tears, just like AVL, ADN , etc...
MLX Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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