Originally posted by Session
Originally posted by Anton Chigurh
AVH had a nice entry at 8c but missed a bit of it cause i wasn't comfortable with how hard it ran (was meant to be a nice steady climb as tranche 2 came out and news began to flow over the weeks ahead. Not small players over it by the looks.
Another bio, OPT. Could be the beginning of the classic besb setup bios tend to go through. Trial readout Q4, fully funded and another case (if BO confirmed) of never quite being able to pick when the run into results will start. This would be reasonably early to begin a run, so I think you'd have to be open to the possibility it's a false break/bull trap, this time. That said, chart looks very good, nice cup n handle formation if I'm not mistaken.
Liking oilers and Friday night's move won't hurt. Looking to hold ones with near-term catalysts, while MT market direction is uncertain. RMP doing nicely, CE1 showing signs but still looks like some stock to work through. BYE chart looks great for a fill into the gap at 35c. All of those three names will spud this qtr or have already commenced. IVZ has bounced too but don't hold yet.
Hey Anton, a penny for your thoughts on BKT if you've an opinion on the stock?
Graphite play out of Tanzania, received a bit of attention on Friday.
Cheers in advance.
Hi Session, I know a few experienced investors who regard their project as "the one to buy" if you want to be long graphite. Can't really confirm/refute, as I haven't studied it hard enough. I chose to be long SVM when I was after at least a little graphite exposure but no longer want it and stopped-out quite a while back. Bit of sovereign risk with both those stocks. Overall I think it's a super challenging sector to operate in and producers need to be either very low on the cost curve or produce an ultra pure/niche product.
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