I've only held or bought NioCorp stock since I first started buying 5+ years ago. Back in October of last year when we broke $5 on no news i put in a sell order for about 5,000 of my shares for $5.20. This was a relatively small stake in my overall holdings, but would've helped pay for some of the house I was building at the time.
The trade never executed and the share price plummeted soon after. Then it went down some more.
No news ever came out, despite the rapid rise in share price. Then I found out a Discord investment group had been artificially inflating Niocorp shares for a quick pump.
Since October I've regretted not setting my sell price just a few cents lower, especially as we dropped into the 4's, then the 3's, then the 2's...
Now we're rising again...quickly. There is a worrisome gap below $3. No material news. Should I take some off the table and buy back when the sub-$3 gap fills? Or is news imminent?
Don't besmirch the traders. There is money to be made here. Unfortunately I'm a diehard buy and hold investor, and much to the chagrin of my wife I bought more after the October crash.
Others with more fortitude are free to trade these swings, and I'm always happy to see others making money with this stock.
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