Breakout as predicted proof that New Greendale mania is alive and well. I didn't buy until after it broke above 1.62 went up to 1.68 back down to 1.6 then up to 1.68 and back to bounce off a higher low then back above 1.68 into 1.7s. Several lithium stocks broke out today.
Post Date: 1/19/2021 1:33:05 AM in reply to 161005136 by LCJRBoard: American Battery Metals Corp.On-Topic
The OS is 500mil, name one stock to uplist, ipo, debut on the nasdaq with a bloated share structure of 500 mil os and no revenue and no building. Lets assume they have a building and revenue the share structure 500mil divide it by 20 and you'll be in the ballpark of how big the rs needs to be. Then it will need to be repriced lower post rs. Given they need money to pay for everything and the AS is over a billion i would fully expect the OS to continue to increase.
Right now the stock needs to be at higher price for uplist, so they are in a situation of if it gets diluted the price could fall and test the 50ma and .50ish gap up. Stock has been consolidating for a couple weeks and trending higher with potential for a breakout. I posted earlier which was removed and someone said keep your politics out. Its not my politics its the situation we are in. Does anyone believe these green stocks would be running this hard if election went differently? Last winter I laid out the upcoming covid crisis and 3 stocks to play. Back then I said as soon as the impeachment was over the dems would turn covid into a huge crisis. As soon as this second impeachment is over dems are going to turn fossil vs perceived green energy into a huge crisis. I had aprox 15 stocks in this sector but sold most last week. Impeachment inauguration which has b.--------
The last big run delivered big gains .21 to 1.6s a very solid 8 bagger. Like this one i didnt get in until the breakout,.28 out aprox 1.26 solid 4 +bagger$98k in 3 days. I have since put those gains to hard work in several other plays. Some of that money. Is back in this fatboy. Os 502mil putting market cap at 975mil. Dont worry as long as momentum and mania are on your side valuations go out the window. Case in pt I recommended cydy when it was $1 it has os 598 mil it ran to $10 putting market cap at $5.98 bil. Just jump on board ride the momentum then sell to the nearest bagholder when everyone is congratulating and high fiving each other, buying for the wife n kids college fund grand kids fund and if anyone says they are going to donate shares for the good of society then bail out. If you take a moment to consider the over plan is to get rid of fossil fuel vehicles and switch to electric cars that use rare resources as a fuel source. If the resources are rare with only a few electric cars on the road how scarce and expensive will they be if all vehicles are electric. This plan is pure lunacy, a crisis in the making but it can make you rich riding the wave of lunacy.
