I see a $LBSR trade developing here for a quick flip soon off of perhaps .002. Might have some downside risk volatility to .0016, but I think near term it is close for a rebound to occur (perhaps a repeat to .003+ in my opinion).
Same thing I said posted here (despite the constant everyday naysayers here) a few weeks ago in April from low .002s, then it popped for a couple days into the middle-upper .003s for 40-50% move for any aggressive traders.
I wish anyone luck who is accumulating this, but I only see value here in swing trading this off of oversold short term levels periodically.
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