Re: Interesting Questions
in response to
by
posted on
Oct 02, 2020 03:28PM
:-). Thank you for valuing my comments so highly Bill.
I am just sitting in the back, quite speechless at the moment and have absolutely no clue what is going on here. I have sold some $15 call options against portion of my position, being too sure, that a mining company just cannot appreciate 50% in 3 weeks. And here we are. I am quite puzzled by the volume. 90 mill shares, at least 45 million of that is restricted from the flow and 25 million gets traded daily. As I said, I have no idea. DFS is nowhere to be seen, no production in Cauchari-Olaroz anytime soon, no Tesla (or similar) deal has happened and despite all that the stock is flying damn high. To me it looks like a bubble and quite a big one. IMHO, this company does not have value of $1.5 bill but hey, I value TSLA at approximately $20 (twenty)/share and I am consistently wrong there too :-).