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Nickel play, Conic metals Nickel play, Conic metals
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01-24-2021 , 01:38 PM
#26
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FloppyJ
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veteran
Join Date: Dec 2005 Posts: 3,205
Enjoy the gains and freeroll. Thanks for the post btw, I grabbed a bit at 40 cents in late 2020 and just plan to sit on it for a while.
Nickel play, Conic metals Quote
04-14-2021 , 07:10 PM
#27
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MXdotCH
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adept
Join Date: Jan 2009 Posts: 924
Haven't read any significant news with regards to Conic recently. Ahnuld, has your outlook on this changed at all? Any thoughts on the recent price movement?
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04-17-2021 , 06:09 AM
#28
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ahnuld
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Carpal \'Tunnel
Join Date: May 2005 Posts: 17,592
I would assume most of the price retracement is related to Nickel coming back to 7.35. Other than that not much has changed. they should be reporting year end numbers in the next couple of weeks and then Q1 financials in late May. Will get a better sense of when the MCC loan will be repaid then.
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07-07-2021 , 11:55 AM
#29
Dtroitkid
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centurion
Join Date: Jul 2005 Posts: 111
Whoa!
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07-16-2021 , 12:17 PM
#30
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ahnuld
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Carpal \'Tunnel
Join Date: May 2005 Posts: 17,592
Hey guys, i've now sold in total about 75% of my initial position. After the huge run still a decent sized position but its pretty close to fair value imo.
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03-10-2022 , 06:12 PM
#31
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MXdotCH
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adept
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Ended up holding on to this, probably just due to inertia. Glad I did though right now.
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03-14-2022 , 03:07 PM
#32
Pride of Cucamonga
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adept
Join Date: Dec 2008 Posts: 1,150
I'm going to cross post this in the 2022 trading thread...I haven't read thru the entire thing, but isn't this basically proof that the stock market is practically rigged? If the little guy's make a bad bet they lose everything, but if you're "too big to fail" you get bailed out over and over, even if that means we have to remake the rules of the game:

https://www.bloomberg.com/opinion/ar...lot-of-trouble
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03-20-2022 , 06:03 AM
#33
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ahnuld
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Carpal \'Tunnel
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they are minting money at current nickel prices. But im out, management are borderline crooks with how much they pay themselves. And Justin just randomly left after a big payday. Anyway, easy moneys been made
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