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Maybe JB's presentation in Vegas a week or so ago was enough to convince some new small investors to take a gamble, anyways a few good days for long suffering longs
Lol, I forgot about the alternative facts crowd and the people who support the nonsense, this stock isn't really down 90% from its five year high of .05cts, it's up 80% from its lows and that's all that matters, except to your brokerage account, lol
Wow! What a wonderful occurrence here, longs are only down 80% now
Buy and forget it, then wake up 5 years from now and have 10X your money. If not more
I feel real bad, nothing like being hurt or betrayed by someone who you have an emotional attachment to, I hope JB hears this, shame on him
Probably true, for at least the last 3 or 4 supporters who are emotionally involved here, and are going down with the ship
Wow! Talking about betting the farm, I for one won't say anything critical about your post again, I ran the math and in a sense, you have/had more skin in the game than management as a group did, options don't count imo
Smart idea, good luck
I understand it though, when you've lost money it's hard to reconcile your dreams with the reality, it's hard, despite the evidence, after all he's a good guy
It would be but I don't think it's going to happen, they'll pass something and let the Senate work out the differences when it goes to reconciliation
No not in present form, but something will, remember party loyalty is more important than what's good for the country as a whole
My congressman said it best in a town hall meeting, a Republican by the way.
His words not mine:
This is a bad bill and it won't work, just as the present one is a bad bill and it's not working, and until both parties come together to pass a bill that works for everyone this is what we're stuck with.
Refreshing to hear the truth for a change
No need to worry, health care bill will pass, no matter how much some Republicans dislike it, they'll suck it up and vote yes in both houses, if not, it'll destroy a new prez before his administration really gets started, because of that reason, it'll pass, I'll guarantee it, and this is not an endorsement of the bill, just on how politics works, I'll remind you of this post when it does
OK, if you insist, but that won't increase the share price here, after all its not about me, it's about the lifestyle stock here that only provides benefits to the insiders, shareholders have lost 70 million and counting, what say longs to that? attacking the ones who lost the money here would be prudent don't ya think?
Nothing wrong with admitting to a mistake, learning a lesson and moving on and sometimes reflecting back on your mistakes, means you'll have success in the future
Big turn out at PDAC, plenty of other worthy choices, some real, most promotional lifestyle stocks
Let's hope so
OK, if that's your interpretation, sometimes the truth is in the eyes of the beholder they say, kinda like alternative facts, lol
Not really, from my reading it means truth is a discovery process, the more mistakes you make, the closer you get to the truth, for instance, the mistakes that longs made here will probably not be made on the "next" stock they buy.
The burning match theory is more appropriate here as with most mining stocks, NAK being the most recent example, although it's still up 200% from its lows, but very few buy at that point
Although JB has made plenty of mistakes here so maybe he's getting closer to a discovery, lol
Buy on the rumor, sell on the news is very likely, although I'm a big believer in this stock, your downside maybe to far though, however much it'll be a chance to add if your right, and I think u r
For what another crash
Could be a HFT firm or many that have targeted this stock,
The computer programs attack a stock with high volume trades to panic others into selling and they profit from their short position, then when algos figure out a bottom according to the trading patterns they switch positions and buy a ton and ride it back up, technology is great isn't it
Dead money is a stock that's not moving, I think a lot of longs would be happy with that, however this is turning into a bloodbath, chose another name for it, but it's not dead, more like a vampire stock, sucking the life out of your brokerage account value on a daily basis, for now anyways
80% from the lows are good for some but some U stocks are up 400 to 500% from their lows, with more to come since the spot price is heating up again.
Again thank you to the U company that has no U, and the loser of U stocks, copper stocks and all else it pretends to be, if not for lbsr I would've bought U stocks again, or NAK, thank you and my brokerage account thanks you also
I did pretty good the first time, don't want to throw my profits into the Wall Street profit shredding machine, however under $1, I may take another chance
If this goes back to under a $1, and it looks like it could, I'll buy again, in the meantime the burning match theory about mining stocks seems to be playing out here as it does with many high fliers
But it's up 80% from its low, didn't you
Going with proven winners helps, Robert friedlands ivanhoe mines maybe the best undeveloped copper mine in the world is up 14% today, 500% in a year, that's the real deal, and Lbsr and JB, has never mined anything except shareholders
Morabitos MIN in AZ, is another, going with guys who have been successful in the past increases your odds in the future, JB has only mined shareholders never ore
Computers do all the work, ever heard of "quants" and what they do, the programs are written and excuted, the man behind the curtain is actually a computer and programs
If I die and come back to work, I want to work on Wall Street as a "quant" or data scientist
5 years experience pays 400k to 500k per year, plus bonuses sometimes
Well I was wrong the NAK trade is back on, shouldn't have sold out so quickly, because as I learned here you got to have faith, I'm only interested in growing my account, oh well maybe next time, doubling your money so quickly is just so irresistible, maybe next time I'll wait for a triple and BTW not triple zero's
Thank you
The NAK trade has fizzled, the U stock trade is fizzling, and the Trump trade will fizzle at some point this year, but the world awaits the imaginary copper trade with LBSR, but in the mean time the toxic share trade continues
The olde saying for mining stocks seems to hold true here and that is "they are like a match, they burn bright, but if you hold them to long you'll get burnt" this still has potential, but it's looks like it's going back to a show me the goods level, where that is no one knows, yet
1. Job creation
Most have been lost due to technology and automation bringing back jobs will be easier said than done
2. Illegal immigration
Illegal or not it has been a stimulus to the economy
3. Obamacare or the ACA as it was originally called,
Well it was a great campaign slogan "repeal it", but now they are discovering or already knew it helped a lot of people, so repealing it without a replacement is political suicide, so it probably won't happen, they'll just make a few changes and rename it "Trumpcare"
As for NAK, the easy money has been made already, thank you my account is happy, it may go way up from here but it'll be a tough slog and it'll take years, fair or not the short attack did some damage
Great points, I liquidated also for a good profit, think the slam against NAK is unfortunate but that's the way the game is played, very disappointed though thought this had $5 written all over it, I was wrong but maybe one day, but for now I'm on the sidelines just watching
It's already been good for proven mine developers like ivanhoe, and MIN not that far behind, up 700% and 200% respectively, going with winners pays off, on the other hand lbsr is down 40% is there a message here?
Thank you
Yes, never
Yeah pretty much like me, I'll use and twist anything together to hammer JB for his investment folly here, with the only hole being dug is a 70 million dollar of shareholders money buried in it
Not to suggest anyone buys NAK, just a contrast between the two, but by way of lbsr I found out about NAK, and my brokerage account thanks lbsr, so my time here hasn't been a waste of time after all