Again people are getting excited over a stock that over the last 2.5 months since Eric has brought at 34.5 cents has dropped to a low of 26 cents
I agree the big picture has changed on promises of nameplate capacity being achieved in March quarter 2014 and talk of Japanese taking 3000 tons of rare earth product at the end of this current period
However, in my opinion, until we hear these words from the horses mouth of "WE HAVE ACHIEVED NAMEPLATE CAPACITY AND ARE SPEWING OUT THIS EVERY MONTH", and daily volumes of shares going through higher than 1% of total shares - I do not expect the rise to continue.
Everyone has an agenda to make money - those that bought in at 26 cents and have sold today would have done very well with an almost 30 per cent gain
As I have stated before it is all about risk/reward
I believe it is all about speculation at the moment with people hopping on board waiting for the quarterly report and conference call
If everything is confirmed to the positive side - we should see a massive upswing. Until then all "FLUFF"
The above is my opinion and should not be construed as investment advice
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- its all fluff until we start to see volume
Again people are getting excited over a stock that over the last...
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Change
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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8 | 33337 | 6.150 |
2 | 30755 | 6.140 |
2 | 18811 | 6.130 |
1 | 34 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.180 | 124 | 1 |
6.190 | 6260 | 1 |
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