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28/02/17
11:59
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Originally posted by sallyd
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BAR and CNJ price drop yesterday was surprising to me given the "Thirsty" activity to come.
Then after close a Guru who we know can influence the market with buy or sell advice comes out with a sell on BAR plus negative comments in general on cobalt stocks.
My question whenever a stock moves either up or down prior to an announcement is why?
In my mind this looks very much like a normal drilling result leak.
Let's face it leaky boats are an unfortuate constant.
I for one have held my cobalt stocks, in fact bought more on the dip.
Just my thoughts, nothing more.
Sally
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I don't have access to that report, so I don't know the reasoning given for the negative cobalt outlook.
Just looking at the trades, seems to be a fair amount of capping going on.
As I understand it, we're closer to production than most, so this could be all smokes & mirrors.
aimo only...