AI
Thanks.
I've been here since the news broke in December of China not selling any more antimony. Per my post months ago,
"My first buy was on 12/2 at $0.7758. Missed the $0.65 I was trying ot buy, and then went in at market to not chase it as it went higher. HA!!! Chased it anyway, and GLAD I did. Same day I bought more shares at $0.8003. Odd fill numbers, but it was trading pretty thin then. NEXT DAY I bought at $0.9997. Yep, that's in one day. SO big mover. Two days later, 12/5, I bought at $1.1889. UP from $0.7758 on 12/2. STEADY upward and pretty nicely to boot. I bought more through December, and my first buy in 2025 was on January 6th. Paid $1.8479. Showing even with the stock up over 100%, I was still a BUYER. This is not just some short term flash in the pan, or a one week wonder. Since then??? Well, my LATEST (not necessarily my last) buy was March 24th, at $2.0093 in one account and $2.01 in another. I'm still a buyer. Oh, plus I wrote the $1.50 puts that expired on March 21 and have more puts short that expire 4/17/25. Extra income, and if for some odd reason it went down to $1.50, I'd GLADLY buy more. I don't think we are going to see that price again.
I say all that to say 1) I'm still bullish. 2) it has been moving for about 3 MONTHS now, so not some fly by night pump and dump by a group that comes on the board, posts a lot, and then sells and it drops again after a week or two weeks, and 3) the story is MORE compelling now than it was in December. Back then, it was a buy because China stopped selling Antimony to the USA. Now? Now they have new contracts in place, they decided to reopen their closed mill in MX, the price has continued up, revenues are already up and about to go haywire, and profitability has been mentioned by management as in the near future. Things that have me still adding, averaging UP, and still saying this is a good buy. IMHO, of course.
"
Since that post, I sold at $3.40, and when it went down I bought again at $2.45. But moreso I've been selling the puts. Just had a bunch of July $2.50 puts I rolled this week. Now have the August $2 puts. Wish I stuck with the $2.50, as it would have been more money, but still will do well with 500 puts at $2 that I'm sure will not get put to me.
This is my #1 stock and has been since about February. But ... we are back near my top again, and I might sell off. Think it is ahead of itself again. We'll see. NOt leaving though, as I'll continue with the puts to buy back if it ever dips. ANd did well already with the first round, starting from under $1.
Back to the sidelines. Good to see somebody actually post other than me though.
I've been here since the news broke in December of China not selling any more antimony. Per my post months ago,
"My first buy was on 12/2 at $0.7758. Missed the $0.65 I was trying ot buy, and then went in at market to not chase it as it went higher. HA!!! Chased it anyway, and GLAD I did. Same day I bought more shares at $0.8003. Odd fill numbers, but it was trading pretty thin then. NEXT DAY I bought at $0.9997. Yep, that's in one day. SO big mover. Two days later, 12/5, I bought at $1.1889. UP from $0.7758 on 12/2. STEADY upward and pretty nicely to boot. I bought more through December, and my first buy in 2025 was on January 6th. Paid $1.8479. Showing even with the stock up over 100%, I was still a BUYER. This is not just some short term flash in the pan, or a one week wonder. Since then??? Well, my LATEST (not necessarily my last) buy was March 24th, at $2.0093 in one account and $2.01 in another. I'm still a buyer. Oh, plus I wrote the $1.50 puts that expired on March 21 and have more puts short that expire 4/17/25. Extra income, and if for some odd reason it went down to $1.50, I'd GLADLY buy more. I don't think we are going to see that price again.
I say all that to say 1) I'm still bullish. 2) it has been moving for about 3 MONTHS now, so not some fly by night pump and dump by a group that comes on the board, posts a lot, and then sells and it drops again after a week or two weeks, and 3) the story is MORE compelling now than it was in December. Back then, it was a buy because China stopped selling Antimony to the USA. Now? Now they have new contracts in place, they decided to reopen their closed mill in MX, the price has continued up, revenues are already up and about to go haywire, and profitability has been mentioned by management as in the near future. Things that have me still adding, averaging UP, and still saying this is a good buy. IMHO, of course.
"
Since that post, I sold at $3.40, and when it went down I bought again at $2.45. But moreso I've been selling the puts. Just had a bunch of July $2.50 puts I rolled this week. Now have the August $2 puts. Wish I stuck with the $2.50, as it would have been more money, but still will do well with 500 puts at $2 that I'm sure will not get put to me.
This is my #1 stock and has been since about February. But ... we are back near my top again, and I might sell off. Think it is ahead of itself again. We'll see. NOt leaving though, as I'll continue with the puts to buy back if it ever dips. ANd did well already with the first round, starting from under $1.
Back to the sidelines. Good to see somebody actually post other than me though.
