Originally posted by teddie
Fact- Any good news like this very good PFS was going to be sold into due to horrendous market sentiment and options overhang.
I am a shareholder in both AVL and TMT and TMT got hammered PFS announcement day but then recovered big time.
Current market won't be conducive to a similar improvement now but make no mistake AVL has laid the foundations for growth.
I follow about 10 stocks and all of them are getting sold into on good news.
Vanadium price went from $10/lb to $33lb and vanadium stocks barely rose so a fall back to sustainable $15-20/lb should not be considered a negative....remember V price was $5/lb 18 months ago.
Speed to market does give TMT a head start though and that will be crucial in my opinion but the impending structural deficit of vanadium supply means that there is upside for all.
Is there any reason TMT dropped by the same amount today?
(20min delay)