VML - Vital Metals

[barney]

I'll take that as accumulation until the 6 million on offer at .055 gets wiped

Home from real work and see that the .055 did get wiped later in the day. Kind of expected that but was hoping that some big kahunas might jump in and stump up for a few extra shares.

Anyway, more selling/buying at this level is all part of the process before it can move higher.

At this point in time, if .060 gets broken to the upside before .052 gets broken top the downside, all is well

The other way round would not be be great in the short term

See how it pans out over the next few days. The paint is still drying

 

[over9k]

Ok so this just came up on asxbets, and, I just...

 

[aus_trader]

It has pulled back hard despite the good announcements, so a rally might be due... just my thinking.

 

[barney]

It has pulled back hard despite the good announcements, so a rally might be due... just my thinking.

Hope you're correct Aus

Should be more assay results soon, but we need the FID from REEtec to create more certainty in the market.

Then again, the recent raising of $43 million at .065 was a pretty fair vote of confidence.

I think its just churning at the moment due to the large number of SOI / EOFY etc.

High Volume levels create a platform of course, so as long as it churns within a reasonable range I'm happy to sit and wait

 

[over9k]

I actually agree barney.

Thing is, we now play the opportunity cost game. Are we better off putting our cash to work elsewhere?

 

[barney]

I actually agree barney.

Thing is, we now play the opportunity cost game. Are we better off putting our cash to work elsewhere?

Yep agree @over9k

There would still be a few punters holding decent profits on VML from the 4-5 cent region (potential sellers)

Plus there would be more retailers who got in on the March spike and are a bit underwater (potential sellers on any positive price moves)

Plus all those (retailers) buying the "dip" from late April to mid May could also be looking for a break even/get out trade (potential sellers)

Therefore punters re-directing their cash to something with more (short term) potential is totally understandable as you suggest


Shorter term traders above represent a large % of retail traders in general (i.e. swap/sell at a loss/ chase the next winner etc etc.)

I stopped "short term" trading a few years back, and now accumulate (speculative) value. And am doing much () better, lol.


In my view VML is currently valued at a reasonable level, and the selling is justified.

I'm in for the potential a year/two years/and further, down the track.

This Stock has as much potential for medium term price appreciation as any on the ASX, (in my view!)

(Bear in mind I own a lot of Stock in VML, and wear rose colored glasses when I post about them, lol. )

Cheers, and have a good weekend

 

[frugal.rock]

Well, fwiw, I topped up again yesterday.
Another 200,000
Won't be long now.... (was what the monkey said when they cut off his tail) ???

 

[barney]

Well, fwiw, I topped up again yesterday.
Another 200,000
Won't be long now.... (was what the monkey said when they cut off his tail) ???

Well done Rock ...... Lets hope the Monkey knows his trading!

The longer VML stays in the .052-.056 Range with decent Volume, the greater the next jump will be (in my opinion)

Given its still early days for this little battler, we should not forget that some "deep pockets"

Were happy to stump up $43 million dollars at .065 a couple of weeks back

Its a no brainer if "time" is added to the equation (again in my view )

 

[over9k]

Well, fwiw, I topped up again yesterday.
Another 200,000
Won't be long now.... (was what the monkey said when they cut off his tail) ???

Let's get ready to rumble!

 

[barney]

VML for me in the June monthly comp. .065 is the target for all the reason posted above recently.

ps I hope that bear hits himself in the kahunas with that chair @over9k

 

[over9k]

I had quite the giggle when I first saw it posted. You know it's good when you steal it.

 

[barney]

I had quite the giggle when I first saw it posted. You know it's good when you steal it.

Indeed.

Brilliant modern adaptation of trading (especially in the recent current climate)

 

[sptrawler]

Indeed.

Brilliant modern adaptation of trading (especially in the recent current climate)

I had quite the giggle when I first saw it posted. You know it's good when you steal it.

You two do realise, you will get a speeding ticket, for ramping.?

 

[aus_trader]

You two do realise, you will get a speeding ticket, for ramping.?

For sure if it were on the other forum

Warned, Deleted, Banned, Removed and Suspended and so on and so forth...

 

[barney]

You two do realise, you will get a speeding ticket, for ramping.?

I hope so Homer!

 

[over9k]

Let's get ready to rumble!

View attachment 125095

@Joe Blow I think this would make a great new forum logo/banner. Just saying.

 

[barney]

@Joe Blow I think this would make a great new forum logo/banner. Just saying.

I agree O-9

Any copywrite issues??

 

[over9k]

Alright lads he liked my post. New forum banner when?

 

[Joe Blow]

Alright lads he liked my post. New forum banner when?

Errr... let me think about it. It's definitely meme ready. Just add some rocket ships and some funny text and it's ready for Wall Street Bets.

 

[over9k]

Errr... let me think about it. It's definitely meme ready. Just add some rocket ships and some funny text and it's ready for Wall Street Bets.

Ok @Joe Blow what about this:

@frugal.rock what do you think?