LysCF finally broke $2.00 for a close. US$2.01. LYSDY is still stuck below 2.00 at 1.95. I am sure now that CF has done it and with a rise of 0.03 in LYC to 2.63 DY will break through today. LYC 2.63 times exchange rate 0.78 is 2.05. Hopefully something will catch the attention of people here in the US and cause some excitement for REE. Don’t think it will be soon.
I use to be 100% in CF I have used some resent gaps to sell CF and buy DY. Not for profits, after fees profits would buy me only a few cups of coffee, if I hold till next year capital gains tax will erase that quickly. I did it just to have more flexibility being in two markets. The US market still is very restricted if anything bad happens and you want to sell it will be hard and probably be well below the recent highs at the time. I am currently 40% DY and 60% CF. THINKING of adding and will add DY unless CF is 3% lower. I have totally stopped using limit orders on CF and DY, tired of only trading only a few of what I want. If I want to buy or sell I am not worrying about a few cents change in price. For larger orders that may drive market I just split it up IE 30% and see what happens then another order and another. Rember at Current volumes 10,000 shares, $20,000, is a very large order, ~25% of average daily shares traded . I am not trying to imply I am trading large $ value, I am not. If bad news happens 100% of my shares get sold at market no matter what happens. If these were not pink sheet stocks I would have a trailing stop loss but you cannot do it with pink sheets.
LysCF finally broke $2.00 for a close. US$2.01. LYSDY is still...
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