Long day at work @oceanpirate
Sadly, not a holder yet. @Chill - I pulled the order before open and sat the cash on the sidelines. Saw your post @Kringa - I didn't go for the 2.7 - I might wait a little longer. Thank you for the credit comment - appreciated.
The move to 3 was pretty quick - gave me a moment or two for pause. One never knows what the off screen buyers are going to do at this end of town. Will watch closely tomorrow. This could be the floor - whatever people say no one can pick the bottom - in my view.
I think I can get a better price in the coming days / weeks. And I could be wrong.
I suppose the PIO club have a litany of reasons as to why the SP is now at 2.9? Doesn't matter anyway.
I hope we will not be treated to that rather ubiquitous excuse, "... the big boys are holding the price down to accumulate"![]()
Anyway, there appears to be an appetite for selling at the moment. In my view, it is best to stand clear and watch from the safety of the grandstand. I said in an earlier post that the new range might be between 2.3 - 2.6. I hope no one here bought in when it jumped up to 10!
We might see a few buying props tomorrow. Not sure they will hold the sellers back though - seems to be some selling pressure. Early Jul she held at 3.4 - 3.5. I think this was when I was called delusional with my call to 3.0 Anyway, it is what it is.
And if you are a LT holder looking to build your holding and lower your average - I think there might be an opportunity to jump in at a lower price in the coming days and weeks. If someone wants out why not make them chase your dollars? If you are LT and looking for more - a Friday buy that might work for you as well! Traders do not like holding over the weekend.
I will reiterate my point that I think it is a mistake for any holder to turn PIO into a club and do all of that loyalty BS. It has to be about the dollars - surely?
Just my views and GLTAH
- Forums
- ASX - By Stock
- ESS
- International Lithium Corp. and Pioneer Resources Discover Lost Pegmatite
International Lithium Corp. and Pioneer Resources Discover Lost Pegmatite, page-22
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ESS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online