The valuation comprssion on UAMY was definitely overdue. Its interesting how the rare earth hype cycle mirrored what we saw with SPACs back in 2021. When money rotates out of overextended sectors like this, the snapback can be pretty brutal. Do you think theres any reentry point for UAMY once the dust settels, or is this more of a stay away situaton long term?
That gap down on the weekly for AUMY was impressive trend reversal signal. I fully expect it to fall back into its 200D ~4.22 and then let's see if it bases/holds above. But moving from .92 to 19.71 for a 2000% stock gain in ONE YEAR is... unusual and represents massive OVERTRADING. It could digest a good while now until fair value on its fundamental picture catches up to its still-elevated price.
The valuation comprssion on UAMY was definitely overdue. Its interesting how the rare earth hype cycle mirrored what we saw with SPACs back in 2021. When money rotates out of overextended sectors like this, the snapback can be pretty brutal. Do you think theres any reentry point for UAMY once the dust settels, or is this more of a stay away situaton long term?
That gap down on the weekly for AUMY was impressive trend reversal signal. I fully expect it to fall back into its 200D ~4.22 and then let's see if it bases/holds above. But moving from .92 to 19.71 for a 2000% stock gain in ONE YEAR is... unusual and represents massive OVERTRADING. It could digest a good while now until fair value on its fundamental picture catches up to its still-elevated price.