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How can Trumps words change the over supply conditions that exist in the U market, which is why U stocks are down, maybe he can order Japan to turn back on idle reactors, that would solve the supply/demand equation over night, until that starts to come into balance U stocks will flounder, with the occasional suckers rally mixed in
So afraid to say another straw man to prop up Lbsr falls
Correction 35 years
But I've been successful trading in the markets for 30 years, especially over the last 10, so I'll accept your criticism, no one is perfect
LBSR has been in the "Event Horizon" for awhile now, and we know what happens there, your money is captured and it's off into the black hole never to be seen again, brokerage statements tell the tale, to bad about AK, looks like the longs have deserted this one, and hitched their wagons to NAK
Hallelujah from the amen chorus, when it's the truth it's the truth, sad to say for the longs
BTW NAK is on fire, to bad they left LBSR and it's shareholders behind
I hope they are right, but experience says otherwise, many can't see that the higher it goes the more shares that will be sold, thereby negating the rise, simple supply and demand principles 101.
When the increased AS was approved, it doomed this to sub penny land for the foreseeable future, a RS is his only way out of the cycle, decrease the supply and you MAY increase demand and the price, maybe, but I wouldn't bet on it with my money
OK we'll see, I'll just repeat it again, the volume is to low to determine anything, that makes technicals irrelevant and volume confirms the direction up or down, many others made the same case, but disappeared when proven wrong and the stock reversed, but good wishes to you and your theory
Plop!! goes $LBSR, never get excited about the day to day movement of a low volume sub penny stock, to easily manipulated, the trend can be your friend and the trend here is down
There's always money for good projects, however the Vancouver lifestyle stocks promoting scamdium, and fraudium have been frozen out of the financing markets pretty much, and have been left to the toxic financiers to drain the last bit of shareholders equity out of them, as we see here
Being wrong about a stock doesn't make you stupid, although losing money makes you feel stupid, buts that's only a feeling
Nope, and I'm not trying on purpose to insult anyone, I have bought stocks and watched them evaporate into nothing also, so I wouldn't claim to be any better, however I've learned over the years to take my losses and move on, which is the only way , only if they pay a dividend will I consider hanging on, that's why I like hedge fund traders and investors, they're cutthroat, produce something or else I'll sell, that's why they are the highest paid in the markets
It's called "sunk cost fallacy" in gambling or investments, its when you keep betting and keep losing, most know this won't work out but they've invested to much to quit, so until the bitter end they'll be here, even though investing more is the worst thing you can do, look it up, like I've said before this is a fascinating study in the
psychology of loss aversion
What does a man from China have to do with chances?
What does that mean
Funny JB loyalist though they were doing shareholders a favor by posting info on Fridays to the applause of others, but the company saw it as a bad thing, insiders and potential investors would have access to this information, so it appears to be an attempt to keep everyday investors in the dark, shameful but not surprising from such a good and honest guy
You would think not, estimates say each one of these zombie like stocks cost about 700k a year in SG&A cost just to stay alive, but I've heard some analysts say there are enough suckers out there to keep the "cockroach" stocks alive for awhile, everyone needs something to believe in i guess.
Look at the nonsense spat out here and the pavlov salivation that goes on for weeks thinking it's true, BTW pumped up by some of JB friends in disguise i believe
He's not alone, listening to R Rule he says lots of what he calls "cockroach" companies exist, meaning companies that have no reason to exist but just won't die, lbsr definitely qualifies for that term, lifestyle stocks that exist for the benefit of owners who can't let go because they'll have to find a job, and not many to be had in mining these days so they just hang on, diluting shareholders equity to zero
You've nailed it, that's why those garbage NR's stopped imo, the unwashed were use to being fed garbage by JB, and was promoted as factual by those heavily invested in this stock, but as time always does, separate the wheat from the chaff and exposes the truth, there's nothing here but promotion and that's gotten old, thanks to gitreal and others
If you want a CEO to put your faith in try William sheriff or Mark Morabito, they have delivered more than promises to shareholders and will again, don't recommend stocks, look them up and do your own DD
Anyone who has followed this know it has alredy PLUUUUNNNGED! deep into sub penny land, lol
I rarely predict short term stock price movements especially with a low volume sub penny stock, to easily manipulated, however the trend is down and I have been predicting that since I've been here, how much lower? Who knows, most of the loyalist to JB have lost their shirts if not more
That could be true, what an awful stock this is, gladly I decided to do my own DD on this company, when I started posting here you only read what a good stock this was and what a great guy JB was.
Thankfully other opinions are allowed here versus the other board, and JB still maybe a great guy, but what has that done for the stock price
Makes me really appreciate a guy like Bill sheriff who made shareholders big money with two different mining companies
One thing for sure is that with the new president more speculative money will be out there for gamblers, will it mean hay Mt will be drilled, all depends on the quality of the project which up until now is a secret here, but I will say the odds have improved a little
Wrong board, MIN the real new copper play in the area closes on $14 million in financing, no dream, no fantasy and no hype, the real deal, they may actually pull ore out of the ground, as opposed to LBSR, who will pull veggie samples, lol
Lol,
"The bagholders will see their money disappear"
Since I've posted here the stock is down about 90%
I would say it's pretty much gone already, we're just left with a slow grind down to wall paper status for LBSR
it should add a nice decorative touch to a wall of shame for gullible investors
5. JB retires and stops the insanity
But wait, its to late, he's on the hook with the toxic converters with 4 billion more shares to peddle
So dream on, maybe the new POTUS will JV with Lbsr
That's it, a new minefinders university
All have done a yeomans job of believing in and supporting this this stock, it's time to let it go into hibernation now, volume is low, interest is low, NR's are scarce, brokerage accounts are busted, the only thing up is the OS share count, I'll do my part by going into limited posting status
After 80 million thrown at this stock and not one 43-101 report I say RIP lbsr, plenty of other worthy gambles out there, sad ending for the 100 billion dollar dream, as I said before, most die in a whimper and not a bang, sad but true, even the loyalist board is going dark
No, this is a story stock, so all we have is stories, it was mentioned trenching would be the latest story in this saga
Wrong board there's no copper here, nothing but hype, and the price of that is extremely low, as reflected by the pps
No doubt the new administration will be better for the mining industry in general
I like it, puts me in the holiday spirit, it's a keeper, although that lump of coal thing seems about right
Sounds like reasonable requests anyone with a wildcatter mentality would ask before they invest, but maybe not since he's such an honest guy
And so far all those who have signed the NDA and seen the goods have declined to invest, so I may not be with her, but I'm definitely with them
Excellent
Great, should we expect the BOOM, BOOM, POP in the stock during November
Grabbing at straws is all that is left here, in less than 2 weeks the latest would be savior of LBSR falls, dreaming can be costly as many have discovered here, the project will rise or fall on its own merits, but they don't exist here, even drilling seems remote now, maybe a new whirlwind global tour is in the offing, come on JB this is getting boring
He knows better, it's for the BOOM,BOOM it'll pop any day crowd, when one disappears another one pops up, the hound from hell is the latest I see