ASM 0.00% 99.5¢ australian strategic materials limited

The Short Report, page-330

  1. 674 Posts.
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    Totally high risk when there's sales, offtake agreements, government funding, binding agreements, and who knows what else is around the corner. One simple news announcement like a takeover would put them all deep underwater. Another Game Stop distaster type scenario.

    I much rather go long which is safer. I enjoy investing in something which long term is progressing and tracking in the right direction. Yes I sell parcels on spikes and buy back same size parcels in dips pocketing the variance to offset losses, but not going to miss out on this one when the share price re-rates to where it should be valued at.
 
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