CVR99_
$TMC Ok, I think this needs to be said. For all the short term money makers, yes, it matters day to day whether we are at $4.75 or $6.75 over the next few months while the permit goes through the proper channels. Trade it, make your money, whatever.
But if you are actually a long term bull OR bear, and you know this company and the industry in general, you also know there are only two real outcomes here three years from now: $30+++ or $0. There is no middle ground.
So if you believe the thesis, who cares whether the stock is up 8% today, down 12% next week, or bouncing around for the next six months? And if you don’t believe the thesis, GTFO. Short it. Buy puts. Put your money where your mouth is.
But the constant victory laps from bulls every time it pops 30 cents, and the bears crawling out of their holes every time it drops 30 cents, is ridiculous. If the permit happens, this becomes an entirely different company. If it doesn’t, we’re f**ked.
Everything else is noise. That is all.
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