Long NOPMF, Especially if Trump Wins in Election
My opinion only not a licensed professional. Not to be used as trading advise.
I’d say, cautiously, long NOPMF. Limit orders are crucial because of super low volume. 8.20 seems common support though.
If trump wins, this is the only company outside China that can process fully raw materials into rare earth elements. It’s based in Canada. I saw one post noting the company has six employees which was a little worrying but it did show up in a WSJ article talking about rare earths and Trump policies recently.
Disclosure: small holding in it, not planning to sell for at least until election of US pres.
I’d say, cautiously, long NOPMF. Limit orders are crucial because of super low volume. 8.20 seems common support though.
If trump wins, this is the only company outside China that can process fully raw materials into rare earth elements. It’s based in Canada. I saw one post noting the company has six employees which was a little worrying but it did show up in a WSJ article talking about rare earths and Trump policies recently.
Disclosure: small holding in it, not planning to sell for at least until election of US pres.