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Polymet Mining Corp. Message Board

  • bob_trammel bob_trammel Apr 24, 2014 11:01 PM Flag

    I am so sorry Folks but...

    ...the sugar high is over. Polymet will now proceed to steal your cash as I have told you since 2010. My conscious is clear. I want to thank a few members here for their support and the fact that I tell it like it is and the truth. BOB

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    • It would appear that analysis by TheStreet (which I posted below) is being validated by early morning trading, in which Polymet is up $0.08 as of this posting.

      Investors should, however, keep a close eye on this to consider a point to lock in part of their profits.

      The only news prior to FEIS that could cause a rally would be a U.S. Supreme Court ruling against the USEPA. No news on when a decision may be reached, but if the court rules either i) that the EPA was either not compelled by the 2007 Massachusetts v USEPA, as it claims, or ii) EPA is not permitted to rewrite an act of congress to apply permitting requirements from Title II vehicle emissions into Title I and Title V permitting of fixed sources - stock from many industries will rally over the news of this setback to Obama administration's war on greenhouse gases.

      In oral arguments heard last week, the USEPA was (as voiced by one of the justices) unable to show a single precedent where USEPA was able to rewrite standards established by Congress.

      Still too close to call with a liberal-leaning court, but keep an eye on it.

      Sentiment: Hold

    • Yes, Bob, well done! Either you got lucky or have sources the rest of us don't. The entire sector got hit this week. I wonder how the market will respond next week. From TheStreet this afternoon:

      Polymet Mining Stock Getting Very Oversold

      In trading on Friday, shares of Polymet Mining Corp entered into oversold territory, changing hands as low as $1.13 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. A bullish investor could look at PLM's 29.7 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

      Sentiment: Hold

    • hey hows that cardero working out for you. i see its a .09 cents and headed down. i remember you were pumping it at .90 and how many did you lead to the slaughter house. talking about heading down

1.09-0.01(-0.91%)May 29 4:00 PMEDT