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Today, Blackrock reported new ownership of 1,434,595 shares. Citigroup adds 183,275. Qube Research adds 177,430. With nearly 10M shares short, this could get really exciting
Before the news pre-market hit 8.92 ! A Happy day to all :)
Pre-Market Time (ET) Pre-Market Price Pre-Market Share Volume
08:37:37 $7.72 250
08:31:14 $7.94 300
08:31:14 $7.94 200
07:34:32 $7.8 100
07:09:09 $8.4 12
06:53:22 $8.44 99
06:53:14 $8.2 1
06:53:14 $8.5 1
06:53:14 $8.32 100
06:50:36 $8.91 100
06:50:36 $8.91 100
06:50:35 $8.91 500
06:50:35 $8.91 800
06:50:35 $8.92 200
06:50:34 $8.91 100
06:50:28 $8.32 100
06:50:17 $8.24 100
06:50:17 $8.01 100
06:50:17 $7.75 100
I have a feeling the PS will go back over 10 USD today or tomorrow. Ready for explosion and back direction north. Excellent news and bye bye shorties :)
Lightwave Logic Inc. (LWLG) saw downtrend of -12.97% in the recent trading with $10.67 being its most recent. The current price level -47.44% lower than the highest price of $20.30 marked by the stock while trading over the past 52-weeks, whereas it is 916.19% higher than the lowest price of $1.05 the company dropped to over past 52-weeks. The latest news story on LWLG appeared in PR Newswire under the title “Lightwave Logic Enhances Foundry Process Development Kit Offering with Addition of Optical Grating Couplers” on Jan-06-22.
Squeezing the time span to 30 day period shows us the stock is currently trading -47.44% below one month high and is +0.95% above of the lowest during that time. Looking into the simple moving average, Lightwave Logic Inc. (LWLG)’s stock stands at a SMA-50 of $14.84 while that of 5-day is reading $12.21.
Lincoln Park Capital Fund Purchased $3 Million of Common Stock at $9.16/share … this will be the bottom. GLTA
Zelibor has therefore bought a lot more shares, instead of sold, the market has clearly misinterpreted this and I am sure that the SP will recover very soon, a toast to Zelibor for the confidence and for all the longs here, HAPPY 2022
LWLG tumbled 11.18% on the news that two executives at LWLG (including former CEO Zelibor) had sold a large package of their shares. This is the typical noise sold by shorters to take advantage.
As part of his compensation at LWLG, Zelibor was given warrants, and to exercise them he needs cash. Warrants are only valid for a limited time. Zelibor has converted 500,000 warrants into shares at a cost of USD 650,000. Selling those shares is not free of charge, you have to pay 42% capital gains tax. On top of the USD 650,000 he had to pay USD 2.8 million to cover. Make the sum: Sell 240,000 shares to convert 500,000 warrants. He now has more shares in the company, but at a cost of 3.45 million. Don’t believe all these agitators on for instance Seeking Alpha, they are paid by shorters and market makers to shed as much negative light on these events, to finally obtain what you have: cheap shares
Niocorp in the NEWS
https://ktvz.com/news/ap-national-news/2021/12/14/proposed-nebraska-mine-might-produce-more-rare-elements/
https://abc17news.com/news/ap-national-business/2021/12/14/proposed-nebraska-mine-might-produce-more-rare-elements-2/
https://krdo.com/news/2021/12/14/proposed-nebraska-mine-might-produce-more-rare-elements-3/
Trading restarted on TSX
Niocorp halted on TSX 9H57
Trading is halted, any news?
I think that is a very good sign EOM
Thanks Wagner the same to you ... feels good the big boys are coming :)
Bid 115000 shares at 1.08 USD ….
These are maybe the last hours for bargains ... the turkey for Christmas has already been ordered and it will be really a big one this year. (LOL)
Bid 40600 shares at 1.30 at TSX ...something is on the move.
One BUY order set from 45000 shares at 1.O1 USD, good support for reversal trend... GLTA
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 36.58% during the next 3 months and, with a 90% probability hold a price between $1.66 and $2.13 at the end of this 3-month period.
In case Mark's loan is due on next Wednesday I expect some news on MONDAY or Tuesday , happy weekend to all .... love Mondays :)
Hey Putz, that's a good one :) having fun reading some messages over here ... Greetz
I don't understand why people sell at these prices at the TSX, they are completely unaware of what is going to happen in the coming days, weeks. GLTA
Well found knack, looking forwards of what lies beneath our feet. Counting down the final days. GLTA
China to Issue Licenses for Education Companies to Resume After-School Tutoring
https://www.wsj.com/articles/china-to-issue-licenses-for-education-companies-to-resume-after-school-tutoring-11636368762
Examination of 1000 samples can take -/+ 6 months ... another 6 months ... so will be march 2022 ... will be a long winter.
Maybe this is the reason the SP is under pressure …
I am not a follower or believer from Jim Cramer but indeed September is a tough month for the stock market.
https://realmoney.thestreet.com/jim-cramer/jim-cramer--15767136?puc=yahoo&cm_ven=YAHOO
We're on Shakier Ground Than We Thought
Jim CramerSep 13, 2021 | 04:18 PM EDT
When you have to sell before Sept. 17, this is what you get, a market that opens up but can't stay up, because people want to get out when the getting is good.
Last week we talked about how, seasonally, the 17th has been the beginning of a significant decline in the markets. We are relying on the work of Larry Williams, perhaps the greatest technician of our era, not because he can observe obscure head-and-shoulders formations or "W"s or cups and handles, but because he spots patterns that are worth worrying about or can be profited from and we are about to head into the most negative of moments.
Today, as I saw all week, this market sucks in those who want to bottom fish or scalp only to find themselves in a black hole, a tsunami of selling, that makes one regret that there seemed like an opportunity to buy.
This pattern is often a prelude to buyers' remorse and exhaustion. It's why, I believe, Williams will be right and the market is on shakier ground than we think.
What causes the pattern of decline? Tolstoy said it best in the opening lines of "Anna Karenina." What he said about families could be applied to markets: All bull markets are alike, but each selloff is unhappy in its own way. But right about now we get a confluence of bad that causes the selloff, an accumulation of disappointment and confusion to cause they buyers to say they have had enough.
First, I like to look at leadership. How broad is it? Every day there's a different group of leaders, but we have to ask what has staying power. Right now, the only part of this market that has staying power is the worst part: oil and gas. Now there are algorithms that are set to buy stocks when oil is up, because it is supposed to mean that the economy is strong and you can buy a whole lot of stocks.
Those algorithms are wrong. These days when oil goes up, nothing happens except oil stocks go up and they don't have the bullish cause one bit. Instead, they help shareholders of Occidental (OXY) , Pioneer (PXD) , Devon (DVN) and Chevron (CVX) . By itself, I like Occidental, which tends to go up the most, because it needs oil higher more than anything else. No, I don't mean to split hairs, but if you are a buyer of these stocks you need to know that natural gas has become the most scarce commodity. I like these stocks, but, I am not under any illusion that they can lead us anywhere except down. Oil and gas have become parts of the basket of raw costs that has made this moment untenable.
When these stocks lead, you always get the sense that oil is about to bust out. I remain convinced that when oil gets to $70, as it is today, the Saudis turn on the spigot and bring oil down again so producers don't make too much money and therefore start drilling.
It gets worse. Unlike the stupid algorithms that presume higher oil and gas means a better economy, we are beginning to run into the opposite conclusion: higher petroleum complex means higher inflation means lower prices for stocks. These days we are seeing a reverberation of costs throughout what we are calling "the system." Transport costs are climbing at a record pace. Plastics are through the roof. That unholy matrimony of superstorm Uri and Hurricane Ida has meant that prices of everything from paper to plastic products to basics like boxes and disposable cups are going up in price, so that we can't believe there can be no let-up. Aluminum, a huge energy user, is at prices we haven't seen in ages. Inflation is rolling through the system seemingly everywhere. It is hard to find anything that's the same price as it was a year ago and ne'er impossible to find anything that's lower.
If that were just it, we'd look the other way. But we have another confluence that's part of the lexicon that hasn't been in ages: shortages. Monday morning 3M (MMM) talked about inflation being higher than expected and business being rocked by forecasts that just aren't negative enough. Inflation and supply chain interruptions are endemic. That's how 3M could forecast a down 6% auto production when just a few months ago 3M thought would be down 3%.
3M is not alone. If anything it is a precursor to what other industrials are going to say. Most of them are already down for the year without much of a concomitant upside for any stock at all. At the same time, we are seeing the transports doing worse, because of the ports, both here and in Asia. What's incredible for me is that we want to say "of course" these things are bad, but each time we read them these days, investors act surprised and sell.
Same with retail. Almost every retailer is scrambling to get product for the holidays and it seems as if much of what is sought after can't be found or is stalled off some port somewhere, perhaps a COVID-struck port in China or Vietnam with the latter complicated by ports that aren't scaling. Just Monday we got a report from a brokerage house that Nike (NKE) will likely miss the quarter because of an outbreak of COVID in Vietnam. That stock can't handle any disappointment.
Neither can many others.
The strange thing is that tech had been seen as a safe haven and got bid up all over the place. But we don't have a substantive reason to keep buying. There's no gold rush. They can only go up so far without information or news and there isn't any. This is the group that has the most to lose going into the 17th and I don't expect a big move up into that seasonal weakness. Only the semiconductors put on a decent show, although the source of that strength eluded everyone I talked to. I don't trust that rally as far as I can throw it and in the interim we see tech after tech IPO that no one really wants, but we can't do anything about it.
Sure, on any given day, we see a relief rally. Monday we saw some health care stocks go higher, chiefly the health insurers. The banks put on a decent show. I like Wells Fargo (WFC) , a stock down hard because of a $250 million federal fine for things the old guard did, not the new one. The company's stock lost $20 billion market cap in anticipation of a much larger punishment but has only made up a fraction of that decline.
I don't want to be too aggressive about anything, though, because if that litany of ports, freight, raw costs and overvaluation isn't enough, we have the Democrats trying to raise taxes, especially for corporations and that doesn't help the bull cause, either.
I have said over and over again that September is the cruelest month and it's playing out that way with rolling corrections all over the place. What goes up today will go down tomorrow and vice- versa. That's a recipe to lose money. Better just to keep some cash, own some gold and wait, unless you are a trader and if that's the case, heed the Williams warning and do some selling today tomorrow and Thursday, if only just to get ahead of all of those who don't know that Sept. 17 starts the toughest period of the year.
Thanks Monocle and Landmark, regards Nioman
Landmark, this is the third time Mark will present Niocorp at this Conference, like in 2018 and 2020. After these conferences the SP went down because to many expectations and as always no news, Curious how it would be this week but I expect no special news to be honest. Also the S&P is going down for 5 days in a row, fingers crossed to see how global markets will react this week , because september is the worst month on the stock markets. GLTA
Niocorp was also present at the Wainwrght Golbal Conference in 2020 - 2018, we have heard nothing substantial after these conferences and now Mark Smith is going again for the third time, looks that there is still a very long way to go and it seems not that easy as everybody thought, to find investors willing to invest in total 1 billion dollar in a in mining business like Niocorp. The feasibility study was finished in 2019. If Mark is still looking for investors after three years I have my questions and the feeling it will not be for tomorrow.
More mettalurgic news…when finally the news is coming, we all waiting for. Feasibility study was finished in 2019, still no shovel in the ground!
Another red day ... how far this will go ? Any predictions .. ?
Elk Creek Niobium Project, Nebraska - Source Mining Technologie (8/4/2021)
NioCorp completed the project’s feasibility study in 2017 while a new technical report feasibility study was completed in April 2019. The construction works are expected to be completed by June 2022, including a six-month ramp-up period through the end of December 2022.
Elk Creek is expected to commence commercial production in January 2023
https://www.mining-technology.com/projects/elk-creek-niobium-project-nebraska/
I would be very happy with this schedule, but it will not be like this.
Really don't understand where they get this info and write such articles.
GLTA
Some one any idea if a second FS will be needed. I hope not.
Good find … is the only reason, next week will be different GLTA
NioCorp Developments (NB.TO) Announced Success In Metallurgical Testing Program: Stock Already Gains 10%
https://ownsnap.com/niocorp-developments-nb-to-announced-success-in-metallurgical-testing-program-stock-already-gains-10/
Very low volume on TSX ... is a good sign..for next week GLTA
Good post, thanks
Just in from today, found it was a good opportunity, any thoughts ?
Exercise Price Warrants (C$) Expiry Date
Was only 355,132 at 0.54 on December 6, 2020
GLTA
100 % agree with your statement... it is time now.. I am in for 7 years now ... and a lot of my friends also ... a lot of them didn’t see any profit while Mark is very well paid and gives him self 10 % on a loan to the company ... time to talk for real now .. no promises any more ..we need facts and the start of this project !!
"The Forum" will take 45 minutes ...
Sarah Ryker, Director, Energy and Minerals, US Geological Survey
Professor Amine Naghadi, Vice President, African Mining and Energy Council
Jim Sims, VP, External Affairs, NioCorp Developments Ltd.
Don Bubar, President & CEO, Avalon Advanced Materials
Moderator: Howard Margulis, Senior Managing Director, MaxEn Capital Advisors