- 4 March 2007
Thanks for the tip. I knew I am on this good stock. Had been doing trading when it was in early 2 bucks n even bought 2 parcels for 2 young grand daughters in their trust portfolio while me needing that cash and sold it for profit at 3 plus. Had increased my buy to near 4 but no luck. Oh boo hoo hoo to silly me. Just need my patience.You could find it worthwhile to do a bit of research. Based on it's production, the shortage and rising price of Lithium I say towards $6 would be the real value IMHO
Yippee! What a Reward for holders..up up n away...6 here I come!Hitting $5, and good report from Barry Fitzgerald today:
Pilbara Minerals pulls US$7708/t in lithium auction and this rocket is showing no signs of slowing down | Resources Rising StarsThe latest and ninth auction of spodumene concentrate on PLS’ Battery Material Exchange platform has pulled in an outrageous US$6988/t for 5000t of 5.5% Li20 concentrate. That is a single shipment raking in more than $52 million Aussie, the sort of haul iron ore miners would dream of raking in...www.resourcesrisingstars.com.au
Me too had Min on my sight but didnt hit the low instead its a reverse. At one stage it hits 70...lol..am the losser.Incredible, I didn't take much notice of lithium stocks after I read that it's a common mineral. Also scepticism about the whole green battery metals excitement. The big crashes that the Li stocks went through didn't hit me as contrarian opportunities but confirmation that they were 'meme stocks' like rare earths, silver or uraniums. Congrats to those who stayed the course. I did have MIN on my radar though, but more for a crash candidate.
Hope u r well Dr...hmmm am I drinking too much? Do you think I should board the min bus? How far will it take me? I was waiting for 60 but it hit 70 n today it's around 71.. anything bet 70 n 75 may be the support..only my guess estimation. What is your reading? Still below 80?losser ????
M8, you're drinking too much
I mean MIN, how high can you expect to rise to, not PLS but Thanks for the chartRabbit,
Firstly I do not follow PLS, don't know anything abt their Financials or media & Announcement reports.
So this is purely a TA Call, based on the TA Tools that I use.
My TA suggests CAUTION for the basic reasons shown on the chart.
View attachment 147141
There is an obvious Sell Divergence between SP & the CCI/MFI. (refer to pages 45, 98 & 99)
And there are several other -ive TA Signals the I have not mentioned like the last 9 candles showing Loss of Momentum, & the last 2 candles showing Selling Pressure, etc, etc
Your call M8 (DYOR)