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Brick, there is no escaping Gauss. More recently in my life I have argued the following position:
If you apply yourself toward a goal, whether it be to a good or evil end, your success is not always eminent. A good example is John Nash. He applied himself and his absolutely unrealistically brilliant talent knowing in his own mind that he was going to figure out what the Russians were going to do next by finding code in newspapers and magazines. He KNEW FOR A FACT in his own mind that he continued forward in the Gaussian Curve. But the truth is he was stuck. He was stuck because the real fact is that what he didn't see with his own eyes is that there is an endless infinite amount of newspapers and magazines and he couldn't possibly examine all of them from the entire planet let alone America. The truth is he will never reach the end of the curve in that endeavor even though he was a genius.
This is relevant to BMIX investors today. Do we really know what is going on in the minds of the main shareholders and the CEO? Do we really know if there is a shortage here or there? Or do we make up a sentence ie. "there is a shortage of copper and BMIX is going to save the world!" and then we believe it and make investments toward that end? No matter what the truth is we will be in the Curve but we may be sitting for a long time before we make it out of crazy land and into genius when the stock hits $50.
The answer to how to invest here, my HEALTHYG friend, is relative. I cannot give advice except to say what I would do. If I only have 10k in the bank, I might take a gamble at putting 500 in now and waiting for the possibility of a huge pull back which may happen. We may go down to .005. I doubt it but we may. 20,000 shares is a lot if your stock is at $100. I am taking about half million shares at this time because I put aside money for this type of investment. We may go down to .005 but I will just buy more because of my belief in the company, which I must caveat, I may be mirroring Professor Nash trying to figure out the Russians. While I may sound like I know what I am doing I might be caught up in a delusional vortex myself lol. I do not think so but... Also, I am not afraid to throw more at a winner. The thing is, even if we go to .5 your 20,000 shares become valuable. If you have money to risk, maybe hold half million shares. It is all relative to where you are. One guy sent me a picture of his account holding at about 1.2 million dollars. He certainly should be holding a couple million shares.
Anyway, I enjoy preaching so thanks for listening. I hope I am at least 50% correct on BMIX. I will completely retire.
Peace
Nothing has changed my mind on the eventual buy in. But the timing as I have been espousing is the more meaningful facet of the decision.
Thanks for the question.
I have been saying that it will be only when the the industry as a whole takes off that finally these little junior miners will get caught up in the vortex, I think I put it that way. There are a few issues on the timing that have sparked urgency.
First Investors Business Daily keeps track of every share bought by a mutual fund and every share bought by the public and insiders. They funnel this information by industry and then make a list of which industry is being bought or sold. They have 197 identified industries in this report which has been 197 for three decades at least since I have been studying under them. As your group becomes accumulated your industry moves up in the ranks. This is the very first stage in deciding what stocks to buy by identifying which industry is on the rise. Since ORE-MINING and other very closely related industry's have moved up the ranks exponentially recently I view this as a very clear sign that the industry is being bought by big money, no matter what the news says. I have been watching this report daily and two days ago, came the huge jump and I posted that I think this is time to buy in to BMIX. I also posted the same yesterday. BMIX could go down to .005 still but I think we have reduced the chances of that happening.
Second, I ask you, how does a company transfer ORE? Plane? Truck? I think mostly "SHIPPING"! I also dabble in watching the shipping industry. My family member owns a tracking company and ships product all over the world. I keep tabs on weekly action in the shipping industry with her. I have said in the past that there is no shortage of Lithium, that there is a shortage of chips that make is look like Lithium procurement is a problem. While I was 75% correct. There is no shortage of Lithium however there is a shortage of shippers to ship. Right now every dock in the world is backed up and it will only get worse over the next couple years due to the non existent pandemic. This is an unreal situation. There is a two month wait in some areas...just ask Peleton.
These are the two items that caused me to change from wait and see to jump in no matter what. We may go back up to .10 or a fraction of that and come crashing down or we may take off past the .10. I have no idea. I just know that things are heating up and IBD and Shipping and usage and cost of ORE (not just Lithium) is expanding...greatly right in the middle of a bottleneck in shipping. This could be huge. Shipping is not going to be solved over night and I believe this is our biggest ace in the hole. BMIX can truck product to two continents!
By the way, didn't Brazil Minerals take a stake in a trucking company?
Is the CEO an idiot or a genius?
Ponder.
Peace
There is no doubt in my mind that it is time to buy the junior mining companies. I like BMIX even though they are not a producer they have neighbors who are. This along with ownership by government officials and fairly slim float and tens of thousands of acres of somewhat proved ground Is good enough reason for me to throw in. I am a buyer at this point and a long time holder. Unless the opportunity presents itself I will not be scalping this ticker.
Peace
One more thing, I am really glad to see you over there. Stuff is happening.
I think I would start buying BMIX now. I think building at least a small position here and at this point will be a good bet if you intend to hold.
Peace
I am calm and collected. I do not get excited anymore about ticker symbols. I lived in Columbus for 20 years. I know what DLM is talking about. This is freaking huge. I am not playing up or pumping. I am a scalper and I learned my lesson to be a scalper because of TTCM. I will most likely never hold or believe in another ticker symbol like I do TTCM. I along with many others bought when we were whitepaper and a single desk and a guy named Dr. Leonard answering a phone in a rented shared office and many even bought years before this. I bought and bought and bought and never sold a share. I scalp other symbols all day. Not TTCM.
I know what it means to be in bosom of Batelle. If the news is correct that we will be out of Beta soon, all $#!+ is going to hit the fan. Batelle has more money and more influence and more resources than God. This is the best piece of news, about the servers, I have ever heard about this company. Thank you very much for sharing. The future will be amazing.
Peace.
Had my buy in at .0156 thank you. Lets see, I predicted the price, I predicted the trend, I predicted the funding price of 2.5m shares at .01. I think I predicted that Brazil minerals will be a high flyer when the rest of the industry sector breaks to the upside for real which is yet to come.
I am not trying to be a jerk...well maybe.
Thank you shorters for my buy price. I am not holding millions yet but will. Maybe soon I hope. I think I predicted that the last rally in BMIX was NOT a blowoff move so we have the chance to run again. Just not yet.
We have to wait until all the true big money place themselves in position in these little junior miners. Then they will let them fly. I am going to guess that will be sooner rather than later now that a lot of the political crap is taking shape, in other words, the present administration has about 27 executive orders to kill jobs and destroy U.S. oil producers and kill businesses etc, so maybe we will profit from the destruction of others, unfortunately, which is another prediction of mine.
Oh well, the only reason I can be so right on this stock is because I have studied the industry for decades. I obsessed over it for many years. Now is my chance to cash in.
Just keeping it real.
Peace
Thanks for clarifying. Seems to me that you have an interest in the management enough to stay on as a share holder. No? Or are you invested because you believe in the future of the product? Either way, glad to see you holding on for so long. I love the profit I have made so far here as the majority of my buy in was at .0007. I love seeing green in my account! Hang in there Pat. All the posts and frustration you have proffered may confuse some but I for one believe you want this company to take off. You have lived here during an amazing learning curve which I believe is just about ready to pay off. Ever since our submission to Batelle this ticker has come alive with volume confirming price action. The past few days of pull back is warranted with the general market slamming down, people need to raise cash from everywhere and anywhere they can. The platform may not have been ready for submission to such a megalith as batelle until now. They have not rejected us so far if anything based upon the stock price and volume they are embracing us.
Good luck
Peace
If this company sucks because it is down double digits again then it sucks along with thousands of other stocks over the past month. At least we are holding in a nice cup with possible handle pattern. Almost all stocks are breaking patterns and falling apart.
One more thing, I am guessing at the actual exercise price of the funding based upon the exact same funding type I have witnessed in the past.
I am justly a cynical of anything government at this time. My experience with embedded government officials, especially when they are appointed like the "appropriate committees", my experience is that they are as corrupt as they can be in almost every aspect of their work. ESPECIALLY the department of defense and the department of energy. I do not have the freedom to go into the busts we made of officials which dwarfs in comparison to the amount of those who get away with literal murder, crimes against humanity and theft. When the term drain the swamp became a public outcry the depth of the swamp is yet to be revealed.
A few people know me here. I have done some private work with law enforcement at many levels. Trust me on this one, if you do not think that the department of energy and department of defense and the police force and firemen and medical field and I can go on on, if you do not think that there is corruption at the highest levels you need to wake up. But actually most people go their entire lives without waking up and I guess it doesn't matter to them until one of their own get touched by these criminals.
I am not throwing all people in these jobs under the bus. The majority are good people. The higher you go the filthier it gets...PERIOD!
The Biden administration will put people in charge of this executive order who will use the situation to funnel humans, money, arms and commodities to their desired places...PERIOD! BMIX may benefit but trust me it will be at the peril of another. PERIOD! Until government is forced to take responsibility for their actions the world will live in this drek.
(I sign off like this for a reason)...Peace
One more thing...I never said this stock is a scam. I actually believe that it is not a scam but the players are shady, that is, the government officials who are buying in at the moment. But I guess the more the merrier.
The commitment is 2.5 million dollars. That is the good part. The additional 2.5 million, we will find out later will be purchased at the same price, maybe when the stock is up in a year or two. Then they will do a cash out. Buy the stock at the low price and sell into the market immediately as long as the proper paperwork is handled prior to the cash out.
This is a good thing I guess. 2.5 million is a good start for funding such an operation. I know we have had funding in the recent past and I for one stuck up for the company during or rather after that round of funding occurred. The fact is, an exploration company needs money to survive since we do not produce anything. I am trusting in the CEO in that he plays his hand in favor of the shareholders This is a risk. Talk is cheap. A little ink and a few pieces of paper is all he needs to scam everyone. But I do not think that will happen, at least I am hoping. I promise to buy 1000000 shares once I am confident again in the performance of the industry group as a whole and then this ticker.
I had a couple million and sold very nicely on the last rally. I will hold 100k shares until I am more certain.
I did also buy at the close and sell at the open, along with the insiders who needed to raise cash over the past few months. I quit doing that recently. I am hoping the intense down trend chart pattern we are locked in will come to an end soon.
Just my thoughts. 2.5 million is a good sign. I am in another ticker that just got 50 million in funding. So 2.5 is nice but if the outsiders really believed in BMIX then they would be throwing money at its.
Just keeping it real.
Peace
Bad news is the funding, the purchase of common shares is at a DISCOUNT. So it is 2.5 million at maybe 1.0 if we are lucky, more likely .005 per share. And as for the criminal lithium assessments done by government influenced flunkies, I would not hang my hat on that news thinking the stock will go up any time soon.
I do believe however, eventually we will rise with the rest of the stocks in this junior miner group. We actually have a better chance than most because government officials are involved. The negative is, government officials are involved. Shame shit can't just trade without intense manipulation.
Just keeping it real. We have a better chance today than we had yesterday. But the group is still out of favor. Maybe by the end of the year or end of next year we will be a high flyer.
fingers crossed.
Peace
Here is the link to the Jordan Gray video. Very nicely done and very credible.
Oh and one more thing, The stock is moving UP. I guess no one of consequence is listening to you because if they were...
I guess none of this matters...that is unless you hold millions of shares. Then every DAMN FRACTION MATTERS!
I know, this is pathetic.
This is a scam.
Dr. Jon and DLM have no clue what they are doing.
For crying out loud the platform has been submitted to BATELLE!!! Since that time we have only been UP. I for one LOVE MY PROFIT in this ticker.
SHEESH!!!!
Peace
Thanks for the discussion. I am afraid I have to be contrary. Sell the news! That article even explained that the government is going to have to shove these electric cars down our throats whether we want them or not. I have to say that is no way to cause a revolution into EV.
It failed with solar. Even though there are some users the expected sales and technology just didnt pan out. Ask any mechanic about EV. He or she will tell you its bullshit. The cost WAYYYY out weighs the benefit unless you drive hundreds of miles per day. Then it pays off. How many people do you know that drive that much?
Sell the news my friend. Look at the chart. It is stuck in a serious downtrend. Anyone who says different needs glasses. I really am not a hypster especially when it comes to NEWS. I generally SELL the news.
I was making money buying at the close and selling at the open. I made a lot of money that way. I also had millions of shares and sold on the way up and sold most at .09+. I LOVED this stock. Now, not so much.
The time will come for certain in my mind that this stock will ride a wave. But not for a long time. Read the information in that article you sent me. It says to wait to buy and then be skeptical. That is my take on the article.
I hope this helps. I would love for the stock to take off. I hold 100k shares. But I doubt it will. The downtrend in the chart is too horrific.
There needs to be a lot of shaking out of weak hands still. And the MMs and the shorts will make sure that happens before they rally the stock again. And they will rally the stock when some crazy unbelievable news comes out. Then, I suggest to sell the news.
Just keeping it real and thanks for all the "follows". I got 4 new ones recently.
Peace
No I have not shorted. I will when the time is right. I like to short OTC stocks when they blow off only. A rally is not a blow off. Look up the term if you are interested. I actually was referring to any and all stocks when I said I will short when the time is right. I do not regard the ticker symbol.
I am here daily because I held this stock for a year. I made a crapload of money on the rally. I sold most of my shares at .09+. I bought back I think at .03, but not millions, just 100k. I will buy more at a lower price.
The fact is that this stock is in an industry group that is being sold by smart money. The chart agrees with me and is in a very strong down trend. If we hold here and go up strong then I will change my view but I do not think that will happen. I am here because I have been thanked by a few people who sold at a higher price. I was also told that I am correct on a couple other predictions in other stocks. I am not correct all the time. But years of experience has taught me to make statements and then be my own critic of the statement. It makes me a much better trader. I made the statement that BMIX is in an industry group surrounded by fake news. My own statement made me dig deeper and deeper searching the truth. While there are less reliable sources that say opposite, the most reliable source, IBD, agrees with me.
Ok well market seems to be turning up. I gotta go.
Peace
I want to say one more thing. It doesn't matter how many Electric Vehicles you make or how many lithium battery powered drills you make, if there is no demand, you will not sell them. Period. THE DEMAND IS NOT WITH US YET. I have been saying this forever. Use any rally in the SP to sell your shares. There will come a demand but not for a year or two or three. And MAYBE by then the stupid miner companies will have their act together which once again will cause the stock prices to NOT move much because there will be many more companies in production than there are now. If you want to scalp rallies caused by fake news then I completely agree with that. It is a free country and last I knew we can espouse our inner most feelings about stocks freely. Positive or negative toward a stock. IHUB is a great place to do so.
I am sorry to say that ALL the mining stocks are under severe pressure. The only think that sent them into the recent rally is fake news. The first and biggest "claim" was that Bidens Green Crap Deal was supposed to send trillions into the ore miner space. NOT HAPPENING according to Investors Business Daily. The proof that this is not happening is baking into the stock prices of the industry group. There may be a stock or two that is holding up but the second fake news was that there is a shortage of Rare Earths and an on coming shortage of Copper and Steel and Iron and other basic minerals. TOTALLY FALSE! Here is a quote from IBD...
"We see many catalysts for a decline in copper prices in the coming months," BCA Research wrote in a Jan. 18 report, while still touting long-term copper fundamentals. Similarly, the surge in steel prices has reflected "a shortage scenario" that's on the mend, KeyBanc analyst Philip Gibbs told IBD. Global steel demand has recovered to about 95% of pre-pandemic levels.
Many mineral mining companies better get their shit together because their SP is going to crash. Best have a plan.
Just looking out.
Peace
Hold on to your money. You will be able to buy in at about a penny or less. I know what I am talking about. This is not a hot stock and will not be until the industry as a whole catches fire. That is a long way off. I hope those who need money to live do not put their last dollars on this ticker. If you have cash laying around then fine. It is not my business how anyone invests. I just encourage smart investing.
Wishing all the best.
Peace
When? After you guys convince everyone to put their money in and then they start selling out at the bottom, which is yet to come (in about another 60% lower)? Or do you know something that the rest of us do not know?
Sheesh!
When will it end?
Just keeping it real.
Peace
Pretty aggressive chart you got there. Looks like it will be a couple years before the real need for additional lithium. The yellow is what is being produced now and will increase. Therefore, this chart shows no shortage for quite some time. I hope BMIX takes off. But the rally will be short lived. I would be looking to sell my position for a buy back much lower.
Also, your trading account information tells me nothing. I really do not care what you have in your account. We are discussing BMIX and I am making the point that it is not time for these stocks yet. Your chart agrees with me.
Peace
I am confused. Were "cheapies" at .04, or .03, or .02, or .015 or have the shorters continued to short or are the buyers in place or is there lithium in them thar hills????
Who might need a head examination?
I get it, your posts are comedy?
Not sure for real.
Peace
These stocks, this group is totally out of favor for the time being. Investors Business Daily had an article backing up what I have been saying for weeks now. It was in last nights publication. There is NO SHORTAGE of lithium. While it is used just about everywhere there is not a strong enough draw to crank the price. They went on to say that the fact is that the reason cars and other electronics are not being produced in a timely way is BECAUSE THERE IS A SHORTAGE OF CHIPS TO PROGRAM!!!! This is exactly what I have been saying.
So not only did I call .015, which we hit today and I believe we breeched, but I also made the call about the lack of shortage of Lithium.
Ok I pulled a Trump on you and broadcast my own success. I guess no one else will, so...LOL!!!
I know it is not funny when people lose money. BMIX is a loss for a while. Thanks for the private messages and I am not a member here for my own personal reasons, so I publicly thank you and wish you well.
Peace
I think...thank you. But I will say that a spike down and a recovery would bode well for BMIX.
We WILL see .01
It is not time for these stocks. If you spend money here you should understand that you will be parking your money in one spot for a long time. We have about another 30% to go down from here. I admit I am holding a small pocket full of coin here but it is because I do not need it to live and I am certainly not expecting this stock to go up. But there is always a possible surprise. I am not counting on it.
Waiting for a surprise is no way to invest.
Buying cheapies can be done in 99.99% of all OTC stocks, if you can call them stocks.
When the updraft occurs in this industry group for real, then this ticker will elevate. Until then, sorry about your luck. I have been warning. Now, if you did not sell, and you sell tomorrow, what will you buy in at? .015? .01? Or will you wait until the stock runs, some time next year, runs to about 2 cents? Give me a break. There is nothing here. There will be nothing here until leases get signed or land get sold. Good luck waiting on that.
Follow some people on this site and watch how they jump in and out of tickers. Join in with them and make some money. I wish you well.
Peace
Good morning Brother. As time goes on, this company has proved that they are in the game. I wish I were perfect. Oh well. And neither are they. But wow what an opportunity. I admit that I bought soon after you did when Klick was just whitepaper and a couple patent applications. The truth is, I bought into Dr. Jon. What a resume! Admittedly there was a price formation I liked as well. Just keeping it real.
Lucky for me I continued to keep watch on the company and I saw no hanky-panky. Time after time after trying one thing or another I only saw a catalyst to purchase more shares rather than run from Dr. Jon and now an amazing technically competent crew. If the submission to the OSU Batelle group has anything to do with the recent volume and SP movement then hold on to your rocker.
Peace
Good morning and thank you for asking. I will answer your second part first. The reason I can do this every day is because I am living in a free country. I am free to think and believe anything I please and that includes the freedom to change my mind. If I lived every day of my life by making a statement and refusing to see any other side to my point I think I would hate myself and others would join in. I would not be a trader that is for damn sure. Trading offers me the flexibility to grow mentally and technically. I am pretty damn smart but I have made it clear I am open to other opinions. As the days, hours and minutes progress a chartist should re-evaluate every single move he makes. So I do. The BMIX chart is showing multiple signals. Some good and one or two bad. So, I was just laying out the options in my own view.
Second, to what is real. Go to the OTC short page that someone offered here on the board. Shorting is real. I just do not get involved...yet. There are too many long plays overwhelming the shorts still but that will change and it will become necessary to short.
As a contractor I depend upon Lithium, that is, when I was working in the field. I stated that Lithium is EVERYWHERE. But there simply is no way to know if there is a shortage or an abundance of it. If someone can say that they know this fact then I would love to know the source. BMIX does have a small corner of that market tied up. But the problem is, all these laws that are being touted as a reason to buy into a lithium junior miner do not come into effect for over a decade. Yes there are major movements toward creating the need but it is not clear to any professional exactly what the existing miners are producing all over the world. Sell the news.
Ev and battery powered tools and medical equipment and all of life needs rare earths now. Electric cars taking over our lives is and idea that is in the very distant future. You yourself said california removing the gas card is by 2035! GMC all electric cars by 2035! Who has time to wait for this?????
I am hoping that BMIX makes a run. I will never be without 100k shares from now on. But it is not time for me to buy 5 million. When the right time comes there will be no shortage of shares and my buy in will be successful. I am not anxious about it at all.
I hope this answers your questions because I just keep it real (for my own success and my own purposes).
Peace
Humbled. Thank you. Looks like BMIX is holding up. I hope it is not a rest for the rest of the move down. I really do think that, as you guys mentioned, we are destined to be controlled at least down to the 82% retracement level, .015.
Looks like there is some action in many places. I wouldnt mind if someone looked in my history and found my other favorite. Looks pretty awesome today.
Peace
Oh and I gave you a follow.
Obviously there are a lot of players here just trying to make a buck and they get caught up in the ether. I feel like it is good for me to offer my opinion. I am not always correct. But on the negative side, the negative movement of a ticker, I am generally correct. And why not have different opinions? Its a free country...still...for a while at least.
I do not short stocks at this time. Even if I think it is a blowoff move that is almost a sure thing. I think that would be too risky in the environment we are in at the moment. My opinion can change even intraday, like it did for me yesterday when I saw the volume picking up here and the SP rising. "InItForTheMOney" mentioned a W pattern to the upside in BMIX yesterday. I think that is entirely possible. I offered the idea that we may blow off, shoot really high then come back down hard and stay down for a long time. I mentioned that I would be selling during the fake rally.
Third and most likely scenario is that we continue down to .0154 which is support at the end of the current pattern, "low tight flag".
All my opinion because I try to keep it real.
Peace
OK THE OPPORTUNITY MAY BE COMING for you to get out of this stock and make a lot of money. Take a look at $LODE todays trading. This is a perfect example of a "blowoff" move. This is where the institutions or MM's or any group with a lot of money, comes in and uses the "news" that mining companies are hot and they use the news to open a junior up about 30 to200%. Then let the suckers come in and rally the stock and push it up to unreal highs, in the LODE case it was around 10.00. The smart money bailed and there is no one to buy the stock except dreamers and the stock is going to go down. ONLY DOWN! NO WAY possible for it to continue back up from here. It is going back to the base around $1
PLEASE use this as an example of what may happen tomorrow or Friday in BMIX. The stock $LODE, is going to close down for the day or at least at the bottom half of todays trading day candle. Tomorrow the stock may open up wherever a sucker is willing to buy but for the rest of the day the stock is going to tank. And I mean TANK. Just watch. All the way down to $1 eventually.
The reason I make this point today and compare it to BMIX is because look at the volume today in our stock. Plus it is rallying. This is going to draw attention. Maybe tomorrow or Friday, watch this stock pop! BUT USE THE POP TO BAIL!! Do not buy into the panic rush to the top. Sell your shares at the top. You will recognize the top because the volume will be huge at the top and all the smart money will run. I call them smart money, maybe they should be called something else. Pay attention!!!
This is going to be awesome! If it happens.
I think it will.
Just keeping it real.
Peace
Excellent post, especially where you say I am correct! JK JK!! Kind of lol.
I am not happy when people lose money. Charting is part of my specialty. I may be an armchair charter but I go against a lot of better players than myself and I hold my ground.
It sucks but yes, I am pretty sure we will get to .015 or thereabout. Remember, I already bought back in but only nibbled. I nibbled because I do not want to miss a run if it comes. But I will tell you, I will sell into the rally. My good friend, it is not time for these stocks to run. They are just now getting SOME institutional investors but I am quite certain, following the industry groups as I do, that the junior miners will fall flat for a while. I am sorry about this. I appreciate your honesty and respect. I would love to buy more and hold for the long run but that is not my MO at the moment. Although, I do hold a good one from time to time as long as the chart and other sentiment indicators are copasetic.
Its fun and exciting when I am right and it SUCKS when I am wrong, which is not too often. So this is my day job.
And I gave you a "follow".
Just keeping it real.
Peace
From overhead resistance at about .065 down to the support of the tight flag to form at .03 is a difference of roughly .035. That is the measure that you have to use, .035 to measure the competition of the pattern downward. The flag went up to .05, which is also a perfect Fibonacci retracement. So deduct the .o35 from the .05 and the target is .015. THAT is where the MMs will back off. Not before. NO WAY. They know what they are doing. At .015 most of the weak holders that are going to sell will have sold and left.
I ask again, where are the likes of Berk???? Were they smart enough to know that that move up was a headfake? Trust me on this one...THEY DID!
They are pros. Not sure about some other screamers. Nevertheless, .015 before we even THINK about heading higher.
Sorry, just keeping it real.
Peace
Excellent post. I believe in individuals investing for their own purposes. Mine is short and long term. Great post and I hope your well of success runs deep. Your’s and others.
Peace
Well, finally someone agrees with me. "they" are going to take it to the the low 2's. I have been saying this forever. Not because I am some genius or that I want to go there. It is just the fact according to the chart pattern. I don't care if other lithium stocks are on fire. Our time will come. If parking your money in this spot and waiting for years for the stock to take of is your thing then go for it.
By the way, Trade Genius is a scam. They fake the whole chat room thing then they have people contacting you on the website while the market is still open and they ask you to trade cryptos. Then they tell you you have to hurry up and fund the "bot account and start making 12% per day". If you hear the word "bot", run, hang up and leave the deal. They are pretty slick. They got me for 2k. Yes I admit it. Then the "manager" contacts you the next day and says he or she wants to refund your money. Then they ask you for more personal information that you would not give to your own mother. It is a joke. Lucky for me I make 2k every morning before lunch scalping. The guy says he will give you the password and log in to the bot account when you fund the account. That is how they initially start you off. I funded 2k and he kept saying the money didn't transfer and I need to try over and over. I told him this is a scam and he disappeared from telegram. Thats another thing. They hit you up on the website and then tell you to go to telegram.
Always keeping it real.
Peace
Hmmmm, could it be the weak holders we have been watching for? This is another good sign. Thanks for your observation. I might just buy a few more shares.
Just keeping it real.
Peace
Now today we have one great step toward a technical move up. The volume was huge this morning. IF we close to the upside it will be the first part of the grind upward. Parabolic? Not for a while. I hope but keeping it real.
Peace
BRRRR!!! It is very cold out here all alone. THERE IS NO LITHIUM shortage. There is a great need but the need is being met by AMERICAN commpanies especially in North and South Carolina. That being said, down the road we will be part of the cycle when it takes off in earnest.
Sorry to be the bearer of bad news but the freaking REALITY is that we will not take off for a while. It is not going to be too late to buy your shares. Why tie up money you may need to feed the kids or pay a bill or scalp another ticker. Why be in a ticker like this where there is no immediate need for the or indication that the stock is going to go up?
Ok sorry I yelled but there are a lot of yell-ers here. Now the positive.
There are, if I understand correctly a few or quite a few Brazilian politicians who own a portion of the shares here. That is good for us. That is unbelievably good for us. The problem is, again if I read correctly, they are in for .0001 on hundreds of millions of shares. That is NOT good for us but I think it will be ok.
The second good thing about the stock is that it is nearing the end or maybe even at the end of the negative pattern. I think so because I bought a very little bit more at the close. Looks like a doji star. I am not into the chinese doji crap but when combined with other chart patterns it could have a ramification.
Ok boys and girls. Good luck to you and me. I hope we take off tomorrow!!!
But I doubt it.
Peace
Ha ha. I hate it when I am right. Look at the bright side, the weak holders are being shaken out big time. Soon enough, maybe five or six more trading days and the pull back should be over and we will be ready for the next move. Not sure if it will be up or down. But we will definitely be in the next move.
Remember, the rally in Lithium is only "news" at the moment. Lithium is everywhere and I expect we will move up here in BMIX. But, and this is a serious "but", the powers that be have kept the price of the entire gold market and the entire silver market down for DECADES! These little fits and starts should be use to lighten the load not do a bunch of "ask slapping".
This is all my opinion. But the euphoria was way out of whack to the upside recently. The big and smart money is not going to buy into the group of stocks with the entire world watching them. Take a look at the chart. Slowly retracing the rally. Ughh. Just reality man. It took me many years to understand that I need to NOT play against the MM's and big money. There is one more thing I have been saying. Look up the word Disintermediation. This IS the cause of the past rally. If it weren't for the internet we would never get the bumps up. But because it is the public playing with the big boys, the public will always lose.
I encourage people to scalp. It is an honorable and profitable life style.
Peace
Need I say more? Buy the close sell the open. Falling in love with a stock or company is for the movies.
I expect I will get more shares as time goes on. I started nibbling today after the open.
We still have a way to go downward to complete the pattern. Then who knows? We could continue down. Or we can reverse and head up. I suspect the world is done buying this industry group for a while even though last night IT WAS NUMBER 1 in the IBD industry group listing out of 197. I am not sure how this group stays up there. Oh well, mine is not to question why, it is only to scalp. It will be to hold some time in the future but not any large position now. We could go back to .01. Just keeping it real.
Peace
Look up High tight flag and then reverse it to a low tight flag. That is the pattern we are in. Low tight flag, especially if we finish again today in the lower half of the trading day. It will remain in tack. We should hit about 2.5 cents before its over.
Peace
Came by to check in. Sorry. Pattern is still negative. Again, why kick against the pricks as one Omnipotent Bright and Morning Star once said.
Peace