I'm going to add my 0.001 (cent) to this discussion and hopefully provide another perspective (PMY Joke):
Firstly: I have sold my shares. Why?
Here are my reasons:
- Look at the previous years buying and selling. There is a clear evidence of pumping & dumping. While it's a little earlier then I expected this year (12 months).
- There is a clear ramp on the stock. While it's great to feel smart when prices are high and depressed when stocks are low, this is triggering those pesky dopamine emotions. You feel good. But I have been fooled over and over again by this.
- What is PMY actual valued at? Not future value. Actual value. $0.01c.
- We are still in a pandemic; public confidence in the economy is low. This is the perfect time to buy (when prices are low).
- PMY is not going to be profitable for the next year or two. Only and only when they get finance approval and the mine is being constructed the price will rise.
While I believe that PMY will be a successful, I do believe that the price will collapse within the next few weeks\ months and be trading back at 0.006/0.005.
That's my bet. If I'm wrong, I will lose hundreds of thousands of dollars. If I'm right, I will make more.
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Last
8.9¢ |
Change
-0.003(3.26%) |
Mkt cap ! $20.77M |
Open | High | Low | Value | Volume |
9.0¢ | 9.0¢ | 8.9¢ | $6.667K | 74.31K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89158 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 15642 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89158 | 0.089 |
1 | 8000 | 0.088 |
1 | 100000 | 0.086 |
3 | 318000 | 0.085 |
1 | 11500 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 15642 | 1 |
0.091 | 40000 | 1 |
0.096 | 81299 | 2 |
0.097 | 16019 | 2 |
0.099 | 63405 | 2 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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