depends on how you play the game....when you say you wont get...

depends on how you play the game....when you say you wont get your money back.

if we wait for good news to push sp back to $3.50 or $5...then we wont get money back.

there are traders out there that have made just as much as we have loss on eml.

traders made 33% when they bought in at 40c and sold at 55c
Then, count the times eml sp traded between 50c to 55c.
or 60c to 70c

now, it looks like the market wants to push it back to 40c.
So, you can make you money back by trading eml.

in my mind, eml can go to 10c..... i may buy more, if 10c represent less than its npv of all its businesses sold off.

Currently, the market just want profit making companies, why? During bad times money is king and is seen as a safety cushion for companies to continue business as normal, until good times return. That may mean 1 yr or 2 yrs of bad economy. At present, i dont think the world has entered a global recession yet....everything is still ticking over:
the war is slowing down,
supply and backlogs in US port have cleared
Tech companies are drastically cutting staff
rates may not need go as high as cpi n inflation slowly reduced as intended by the fed.
China reopen and covid ease restriction.

i prefer to trade stock that has a strong cash holding as their price can go up n down but i know it can weather the storm if things turn really bad.

Maybe, eml sp is trading lower cause the market predict rates may slow next year. Or, fed may still increase rate but at a slower rate like 0.5. But i still think fed has to increase rate to 4.85% to 5.50% before inflation goes back to 2%.

so, my game plan is to buy stock, that generate profit And currently holding alot of cash. Hopefully, i can offset my loss in eml from gains in other stocks like lithium.