Jan. 26 at 3:09 PM
$TMQ is the only REE showing strength on the open. If there is a reversal this could get explosive. Alaska is a natural investment zone for the U.S. government. They want development there and Greenland so they can annex Canada 😂.
Anyways if you’re in
$USAR watch out. They are advertising the govt investment but what they aren’t is that the original spac pipe investors just issued themselves 1.5 billion dollars worth of new shares at 21.50 per share. These becomes tradable Wednesday.
Yes it means the company got a ton of liquidity and in the long run that’s pretty sweet. But you can bet your boots if the price is up in the 30-40$ range then at least 500 million worth of those shares will be sold.
Actually what they often do is short before the shares are issued and then cover when they can trade them.
$USAR is a beauty but that risk is substantial. Not saying it won’t hold but it could get walloped depending on insiders.
