I have a couple of mates who lost big on PLA. Really Big. And they are bitter for it. So I can sympathize with some of the distrust felt by long term holders.
Putting that to one side (if you can), it is hard however to go past the recent performance. The signals, imo, point to accumulation and appear set to continue. It was all triggered after the announcement about Smokey Hills.
Can someone tell me what was hampering this stock? Was is cost overruns on Smokey Hills? Or was it more to it than just that?
And what have they done to turn the corner and forecast a profit?
I would hate to see long termers miss out on an opportunity to get back in the drivers seat, but I can understand the concern and fear of pump and dump.....
PLA Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held