true, i spoke with the company on Monday at length, all of this was clear to them as well, they see nickle long term positive and also they have already established nickle contracts with glencore long term.
as ive said before there are those who want to get this as cheap as they can and they are using every tactic they know amongst themselves to do it, they will stop at nothing, are ruthless and they are winning, thats one reason why the selling is so aggressive. the way this one has been treated is dispicable but as i have said before mre has always been severly dealt with with little mercy. to see what has happened to it over the last three weeks is for me shocking
im long term as i have no other choice but this one has no bottom. it is a share full of fear and volatility. i never knew just how much until my current trading experiecnce with it
MRE Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held