RE: Insider trading21 Jan 2025 01:16
evening.
the bleating about a reasonable swing in share price moves over just a week and a half does get on my tits at times - if you can't trade then there's no point ******** at people who can and you can't expect share prices to just keep going up forever - unless they're a 9-bob note and returning to zero sometime later.
this swing back to/wards 8p was extremely readable to anyone who bothered to look at the overbought rsi - weekly and daily - so you just need to take advantage of that if you can - it's just not true to suggest that all traders are trading with insider knowledge - i'm not, other than ta nouse and a decent reading of the balance of short-term probabilities.
the rising and golden crossed ma50 is at 8.25p now so placing or no placing i'd be kicking the hell out of it anywhere near there at any point in time - the fact we have a placing at 8p makes no difference to me and i expect to see this smashed from low 8s - assuming it ever gets or stays there.
as written below - the news flow over the next six months should be thick and fast and all of it materially significant encompassing the uk, germany , the us, japan(?) and a us listing for the mine project - really quite something for an mcap of this size huh?
but
let's also keep an eye on the neodymium price which has already started to tick back up this month - trump is in, anything could happen at any point in time re china and we could wake up one day with the price @ +20% and the leverage here re value of songwe and the recycling plants is now hyper sensitive to that price going forward ...
all to play for - really looking forward to he next six months here :)
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