...Crappy stocks like REE go up on a bad day. Speculators just keep milking this for all its got.
It did a reversal from the same 11.08 to 9 2 weeks ago. I will watch it over 11.50 I think that is the key for 15 plus. I do agree it is way overvalued, but apparently people like to trade it.
What is the estimated value of the ores on REE's land holdings? Even though REE won't have earnings for a couple years, the ore assets alone probably influence the stock price. Comments?