PLS 1.27% $3.12 pilbara minerals limited

@GARETH78, TLDR: possible, but with half of the potential upside...

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    @GARETH78,

    TLDR: possible, but with half of the potential upside relative to PLS IMO

    PLS channel and movements are way explosive to the upwards and downwards sides compared to ORE. For example:
    • Previous PLS Runs = +180%, +330%, +135%
    • Previous ORE Runs = +80%, +150%, +70%, +55%, +70%

    That being said, best case scenario for ORE is a run up by +70%ish is better than a kick in the nuts...
    Not a terrible trade to make if it RS-flips at $10 then runs to $15, and more conservative bet if you cant stomach the bigger fluctuations.

    Cheers - Woly

    https://hotcopper.com.au/data/attachments/3790/3790824-1db6f99cb30bad72ceff81eba9619e37.jpg
    Last edited by nathanwoly: 13/11/21
 
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