By - AutoModerator
Selling out all of my speccys today, keeping cxo rnu and Vrx.
Portfolio is -20%
DYL is warming up ⬆️
Has anyone bought bboz as of recent
Green friday but end the week in red :(
reminder, BRN had a revenue of 200k and a net loss of 5mill 🤡 last quarter
also our superfunds will now probably be buying BRN LMAO
LOL.. wait that might be bad for us
Don’t worry we don’t count on dividends, we DREAM BIG.
Instos will love having this junk on their books
PNV did despite the director buying up on market
Just got in on NWE this week. Anyone know why it’s up 17% today? I didn’t see any announcements
According to HC news is imminent and insiders are buying lol
BRN, CXO, LKE and NHC added to the S&P/ASX 200 Index.
BRN made it? Must have upped their powerpoint presentations?!
Is it not scam dream?
Seems like a bullshit product bullshit company that is just gonna fade away?
As a software engineer their product looks like over exaggerated nonsense, with small real world use cases and butt loads of competition from existing industry heavy hitters. Most people pumping it don't even seem to really understand the tech.
I sold VML probably about a year ago. After becoming a RE producer they are still at the same SP of 5c. What is everyone's expectations of the dog and where do you see the growth 🚀 ? I don't hold but I want opinions as I always see "sigh, vml grey again" Are people waiting on profit sharing details with REETEC, more resource being produced and sold or what ?
Modular business dev approach as part of the broader electrification trend with geo political tailwinds. Also has resources that are yet to be realised. Hard to price as it balances the above upside with no DFS. Patience required imo.
Happy in at 0.06 re on slow burn I'm lth this.
Expectations , Ann = VML are now producers price goes to 3c... VML continues to fuck people off
BRN in ASX200
LKE added to ASX200... gulp.
Instos/funds mandated to buy an unprofitable asset.
There's only one play here for them.
Can you Explain this to me like I’m not very smart please?
Instos/funds will be forced to start buying long positions in LKE now that it is in the ASX200.
The company is making a loss.
The company is up 450% in the past 12 months.
It's years away from revenue, that's assuming the tech works properly.
The chart is currently extremely bearish.
Do you think the instos/funds will be happy holding it on their books if the price falls further?
How do you think they'll hedge against any potential losses on the long contracts they've been forced to buy?
PDN LTR unprofitable
NXT barely profitable. But like what they’re doing
Ahhh sad man you are
Just a heads up on that reality. Don't shoot the messenger
LKE in ASX200. Didn’t expect that after the last week..
Fuck yes! Cracking a beer
BRN in, APX out.. 🤣
BRN in the ASX200
God help us all 🤡
as if looney BRN holders needed more fuel for their fire
I've got a bet for it to get to about 65c or something by end of this month.
I thought I was dust but this might actually help me 😂
If you do win will you take swyftys bet?
A few more of these and I’ll be back to equilibrium 😊
A few is right
Fine, i'll take the +2% but expect that this continues on Monday
Finished 4% up today, what a week though! Seems to have gone really quick too.
More or less made back my Oldman Sacks-inspired lithium losses over the last two days. Can’t be too unhappy about that. Have a good weekend everyone!
Lol wtf happened to KFM today
Anybody else feeling jibbed? Im green but not even making up for half of weds haemorrhage let alone yesterdays still decent bleed ……
Got reamed all week and the ASX gave me a little paw paw to rub on my fissures to help ease the pain...
Summed up perfectly!
$2441 in green and $2400 from NWE.
From $360000 to just under $180000 in few weeks.
Wait your PF halved in last few weeks? Am i reading this right? 🥺
Yes, mainly thanks to SYA 😳
@username-taken82 can we do the predictions challenge like they do in WSB?
I put this in our mod chat to see who was keen…
Got crickets 🦗 🦗
Oh :( I play it on WSB but I have no idea what I'm betting on. Would be fun on ASX as I might actually know 😂 Thank you for checking anyway 🙏
Oops, thank you 🙏
Aaww Bazza have a beer mate. “Cheers”
RLT did well today.
Did you end up selling it?
Sold half around $4 so it's free carried
So what time is Elon buying LTR on Monday?
Finally sold my DW8. +300% down to -60% lmfao
Nah, $2.5k initial outlay. I learnt my lesson and sold LRS when it was at its top which made up for it.
ahhhh LRS, how is the old girl?
My boys NWE and LPD letting daddy eat this week
Lol AGN got a buzz article about dropping 7% on it’s capital raise, saying it is it’s worst intra-day performance since (*checks notes*) last month.
Of course VML go grey after a whole day of green.
Luv ya ya bitch. xxx
Have a great week-end. See you next week when we ride the ASX roller coaster once again!!
I hope it DOES get kicked out. It’s been nothing but pure manipulation since we moved there. Seriously. A company with $100 million fucking dollars in the bank and no debt, compared to say….BRN…. It’s a fucking laughing stock, pun intended
Oh dear, more pain incoming...
Since it got added, its had a piss poor performance
That seems to be the trend, gets up on retail and then accumulated by insto and dumped back down once they are done with that stock/sector
Last chance for a PRM/GLV lotto ticket
I like how their drilling announcements today have a photo of the actual drill bit they will be using on display before its use. Something just kind of sad and wistful about that. Like when my kid shows off his spoon with great pride before dropping his food all over the floor
Lemmings piling back into INR you love to see it.
Can someone whos also been invested with E25 please explain to me (a retard that just picks companies at random) wtf happened here!?
A mining company thats already producing ev market metals shouldnt drop 80pc. Did the ceo kill someone?
I think low grades and high freight costs are killing them. I think.
Numbers in the ticker
But I thought two numbers cancelled each other out???
You guys are idiots... its only if the numbers are divisible does the hoodoo get removed.
It is written in the tendies
ANP is really not been very nice to me. Biotech will have its day once more, maybe, idk, maybe not.
I feel we've won the war against red Fridays, that's a few greens in a row now. Next up, green everydays. 🐂
Thats a very handsome bull is it Wagyu?
His name is Tobias and he's not for consumption
Pity about the rest of the week
I quite enjoyed the fire sale. Thots and prayers to all the short term holders though.
RNU thinks it’s one of the lithium bois
To be fair a number of stocks were treated the same as Lithium on Wednesday so it is only fair they come back to normal today. RNU - Head to 30c.
Exactly. Why TF it fell so much on Wed is mind blowing
Glad I picked it up yesterday at 0.210
Because I am mad I am gonna make a ban bet. 6 month ban if IVZ spud in July
Don't forget to tag a Mod when you place a bet.
u/mcfucking this one for ban post
The green you’re seeing is actually just an after-image left as your stocks enter the black hole
My stocks must be moving away from me at near light speed to be this red
>the writing is on the wall for all you Snakes out there.
>**Phrases from the usual leachers trying to find the bottom of things and fair bloody play.**
>Everyone has there style and disposition regarding there twitchy money.
>Thats the climate we are in i guess
>**Snap chat,instagram style hidden behind Catch phrases.**
>**Stop being a girl** and get behind your investment you tools as we are getting ready to journey on.
**Found on the IVZ hot crapper boards.. nothing like some good old sexism, conspiracy theories, hatred of Zoomers, and calling everyone a bot/troll..... just to pump your african shitco which just gifted cheap shares to the boards friends.**
They should be shitting on Scott Mac for screwing over retail investors for the second time within 6 months, but instead everyone else is the troll 🤷
>The bots and trolls are back and that means one thing..
>Announcement dropping very very soon
>Monday could be classic.
**Well it's Friday now, where's that classic Monday announcement dropping soon...**
See.. I stand by my beliefs that HotCrapper is a GenX haven, not a boomer haven. No boomer writes like that, but GenXers and older GenYers absolutely do.
I will definitely heed the wise words of HC posters who can't tell the difference between "there" and "their" 💯
And I thought boomers received free education back in their day? 🤔
I agree, anyone who can’t or won’t use basic grammar can not be considered as an authority on anything. It’s not just HC I see it here a fair bit too.
Nearly up $20k today. Makes up for the 20k loss on the GS report day.
The volatility is crazy. Everyday.
Also, RNU / NMT not due an announcement soon?
IMU shorts gonna burn in hell when trial results are published.
You are assuming the results are good. It could do absolutely nothing to tumors.
Few punters and I went short at 17.5c today. If ya can't beat em, join em. Just wish I had the balls to go short at 23.5c on the last run
Can I ask where you're shorting? Commsec? Invast?
You can ask
Lol OK thanks
Fisticuffs at dawn yea boi!!!
So much green today. And some other green scheduled for tonight🤰🏾
Wife’s boyfriend letting you have a tsingtao?
GFM my snizzle
Wow is IOU fuk? Don't they still owe IDSB like $30mil? That's almost their market cap now 😅
One of my first penny stock investments and I lost 50% on it but holy shit that would be like 90% now if I held.
[I'm 89% down :(](https://ibb.co/4SjjGWX) (almost 90%)
Edit: added the evidence of my pain
Savage. Hopefully they put out something decent or there is another pump like in Jan where you can find a exit. I was once 70% down on ID8 but managed to sell for +40% on some random pump so not all hope is lost 🤞
It'll need to pump like 10x for me to even be close to my average. I'm sad I lost 90% but a lesson on ~~gambling~~ investing that I'm glad to have learned on a smallish punt
TL:DR - what happened to FFX today? Down 64% or so off of no news?
MD caught wanking in the office on live webcam
u/satansfriendlycat checking for a pulse
"Money may come and money may go - but I remain"
Started off well, 6% up for the day, now only 2%.
also LRS is dead.
LRS is alive. We should have something about cloud 9 this quarter still.
That Peruvian copper or lithium in Argentina though.. doubt it.
Hopefully Goldman Sucks won’t take a dump on lithium on the same day
Green across the board except for IVZ.
Had some time away for my mental and financial health but been seeing MNS is close to production or is this just more multi level marketing?
Supposedly on track for fully automated production next month according to the last update, but who knows tbh.
I can guarantee you they meet the timeline - I think PR are tied to it 😉
Part of me thinks it's just to keep the SP up during June fire sale. But I want to believe lol.
It's a rare one because everyone knows the news and usually price factored in at this point and when they announce it drops because everyone already holding so who's buying? But this time I think people want proof so if they come through it's off to the races and or moon.
Even if they end up missing it by a month or two isn't a big deal IMO, I'm more concerned about what happens when the factory is up and running. Do they have more contracts lined up?
Serious question: does the factory have *any* battery supply contracts?
Off the top of my head, the only one I can remember is the Indian three-wheeler's who may or may not have the cashflow/assets to fulfill the contract.
Thanks good to hear another's insight
Finally out of LYN after buying at around 50c when someone mentioned it in the sub. Moved them on for around 52.5c, so a small profit!
Profit is profit, so well done
New project looks a bit interesting now that I’m reading the preso
Is it fair to say cunts like GS would have bought the dip they caused yesterday, and would now be selling right back to the punters thus making like 10-15% in a day? Coz they de-risk on Friday's don’t they?
Or is it not that simple?
I'm worried that there will be a rug pull on lithium next week 🤦😱😭
this is why we have stops :)
at least, this is why I'm putting them in :)
I never use stop losses.
I'd be pissed if I'd sold stock just based on SP decline.
Different story if there are fundamental issues and the investment outlook changes (obviously need to follow developments closely to determine this).
I had this view until recently. HIO has made me reassess
no you wouldn't - because then you'd buy them at a 20% discount :)
Depends if you need to pay full capital gains tax on selling as to whether you come out in front
Yes, true. Definitely a risk I could take, but your mileage may vary, for sure.
LTR off-take agreement with Tesla is to be finalised on 6th June. Either it goes through or Elon pulls the plug.
I GET IT!!!
I mean maybe, but also firms as large as GS tend to not be involved in low liquidity small caps. The companies are too small for them to make a decent position and then sell off their units. So most of the lithium stocks people saw sold off here would be smaller funds or just people derisking their own positions.
Yeh ok cheers
They usually just trade them daily, most likely quant trading
For example, between the dates of: 2022/05/03 : 2022/05/31
GS bought $213,743,570 worth of PLS
GS sold $236,340,373 worth of PLS
Total net value is $-22,596,802 (assuming profits - they've sold more than they've bought).
Another example between the same dates:
GS bought $56,670,529 worth of CXO
GS sold $44,800,036 worth of CXO
Total net value is $11,870,493 (they've bought more than they've sold).
But this is not just on lithium, it happens across the board on all stocks on the ASX from all the brokers/firms. Its how they make their money all day everyday. They dont actually build positions. Actually it happens on trending stocks or stocks with a lot of volume (which confirms just quant trading). I was seeing massive buys/sells on IHL for example back when it was pumping. But now that IHL has kind of faded away, broker data shows very low volumes and only small buys and small sells. I used to see this activity all the time from Susquehanna on ESS (they buy/pump, following day or 2 they sell. Rinse and repeat).
The problem is the data is 3 days delayed, otherwise you could follow if you knew what's going on.
Yeah but PLS and CXO are on the larger end. A 200mil MC lithium company for example is too small for them to make a decent position (the sort of companies most here are invested in). For larger stocks with liqudity like PLS thats their bread and butter for sure
I doubt they are selling today... everyone needs a bit of lithium exposure. Also they probably shorted it on the way down.
Short it, trash it, buy it back and then go long, hold and tell clients not to worry, they are well covered in their exposure to the all important story of battery metals.
We'll never know for sure, but the rules are very loose in the US.
It could be as simple as that.
LSA is dying a slow and painful death, yet I hang on in hope.
Appreciate the mentions boys, I can't believe I've done it either, number in the ticker aswell! Nearly at 300% unrealised and will still hold for better or worse, I believe 🙏🤴
Survived my ridiculous ban bet...
You're lucky we love you.
Ewan doesn't... me and him will always be at war
[hmmmm ](https://www.reddit.com/r/ASX_Bets/comments/t5phsu/everyone_has_to_learn_from_somewhere/hz8px0t?utm_medium=android_app&utm_source=share&context=3) or did I have faith all along...
😢😢 I didn't even know about that post, I hope you forgive me ewan
What is going on with CDX? Im not in it, but I wish I was. 83% today and no ann
Also, where the heck is the speeding ticket?
Broker report. Saying x5 value.
Chart looks fucked. Also I really need to get this out because it bugs the shit out of me. There's no need to constantly monitor your blood pressure. It just stresses people out and feeds their hypochondria.
Bought PLS yesterday 🙏
Bought PLS today 🙏🙏🙏
Bought PLS 12 months ago 🙏 🙏 🙏 🙏 🙏
I’m sure you wouldn’t give a fuck but I really wish you’d have given two more 🙏, then the sequence would have been nice
You'd be loving it right now then
Bought PLS in the drop 2 days ago thinking 12% discount was great…. Dropped to 20% ekkk neeaaarrrrllyyyy break even 🤤
Same here 2.5 buy in RIP
I'm worried it has further to fall
Isn't that the same worry we all have every time we buy always?
For sure. Just worried that over 200m PLS shares were sold the other day. Maybe it's nothing 🙏
Ah yes my green slowly bleeding out until it goes red by close
Opened my portfolio. Blinded by Hulks schlong. Goldman sucked on my sacks.
QPM, I give you permission to rebound like the rest of my portfolio
i feel like I get 1 year older every time I have to scroll past one of the Silent Bubbles guy's giant posts on the SYA Hotcrapper forum
feel like replying every time with just a link to this Billy Madison clip on YT: [https://www.youtube.com/watch?v=5hfYJsQAhl0](https://www.youtube.com/watch?v=5hfYJsQAhl0)
I’d be very, very weary of mr silent bubbles. He ramps stocks and is nowhere to be seen when the shit hits the fan.
I’m in there daily for over a year… sold out yesterday at 17c…. Entered at 6c. Looking for a change in trend before jumping back in. The forum chat is intense
Yeah it's insane how holders worship some forum 'messiahs'.
They seem to have transcended from stock analysis to random life thoughts.
I usually scroll straight on by whenever I see that name.
PLS, LKE, CXO coming back to life
Lithium Speccies rewording their drill reports to looking for pathfinder elements, when they fail to find lithium on their marked pegmatites... 300ppm traces. AUN 🤡 TBF to AUN, they might have got their first 12 targets wrong, and they might find better stuff still.
/u/WowVeryJosh \- Idk if it's too much work, but do you mind keeping the tens of companies which will end up abandoning, bankrupting, or quietly dropping the tenement on the sheet? Perhaps in a Lithium explorer Hall-of-Fame/Shame?
AUN, ARN both failed miserably. There's probably a pattern here
Please don't let the pattern be starts with A and ends in N.... My beloved ASN
We can do that. Need to keep the noobs in check that exploration isn't all gains and roses
We need a new classification: Failed Explorer perhaps
The Ernest Shackleton memorial page: the dogs we ate on our failed exploration journey
Does LYC deserve a 54 PE ratio?