Replies to post #41 on Katanga Mining Ltd. (fka KATFF)

[JohnCM]

Did nrc just tell me not to use stops?

I just instructed the brokerage of my late father's account to immediately use stops for TSLA. 20% of position $5.00 below last price. RSI(14) 70

I am a Realtor and do not have the luxury to monitor my positions throughout the day.

As soon as I read through the volumes of information on the settlement I’ll have a better idea about the positive significance of this “equity swap”.....
John....If you’re trading you’re supposed to be at your computer screen....not using stops :)

https://www.wsj.com/articles/glencore-unveils-5-6-billion-restructuring-of-congos-katanga-mining-1528828978?ru=yahoo?mod=yahoo_itp&yptr=yahoo

[nowwhat2]

Holy molly - Just now learnt - Thanks to you necromedia : cheers.

So this all came out then yesterday huh ?....

Looks like it instantly zoomed up (close) to Resistance.

Katanga's gonna issue 5.x bilion dollars worth of stock ?

Wonder at what price....Surely it'd have to be lower than the current sp, no ?

If so, why'd it zoom up 25% ?....

I dunno - pc is frozen right now - Can't zoom around myself very much currently.....so on to another pc here pre-open ! Thanks necro media !


Cheers !

[nowwhat2]

Still catching up on KAT....It isn't easy sneaking up on a KAT.

SHOULD HAVE bought those (last month) lows - Awwww man ?


Is pretty-much as we suspected here now tho - That the Ruler-Line'd be hugely in play :



So yesterday she was halted for much of the day......

[JohnCM]

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