Atlas Critical Minerals Corporation ATCX

Plus it would only be icing on the cake. The stock is crazy cheap without it.

Won’t happen. Filled with green new deal nonsense.

“Hold for ‘a little while’”? I don’t get it. The company is in a growth segment in a market that is HIGHLY HIGHLY fragmented which would allow them to not only grow organically but inorganically for a LONG LONG while. Plus it’s a relatively non cyclical business with strong cash flows and margins. Good gosh, I can see it now. It get back to 8-10 and the sell button will be hit. This stock can be, from these levels, a 3 bagger in three year and 5 bagger in 5 years.

“Bumpy and foggy”? For the stock or the business? The business seems to be doing well and the valuation relative to the peer group puts it at about a 50% discount with 100% upside to match average valuation. Look at March. The stock went from 5 to over 9 in no time. I think there was a week it was up over 80%. I can’t understand why someone would wait at these valuations. But hey, that makes a market I guess.

I am assuming you misspoke or misunderstood IR when you said their number focus is “liquidity”. ATCX does not have a liquidity issue, they want to bring down “leverage”. Those are two very different things. They generate a lot of cash and have access to capital so liquidity is not an issue. They are wanting to bring down their 3.3x net leverage number. That’s “leverage”.

Haha. Da Davidson initiates coverage with a hold and $8 target. lake street is at $14. The DA analyst is three star with an average return on his picks of about 2.5%. I don’t understand the value that analysts bring to investors. Good gosh. Roughly 2.5% since 2009?!? Really??

I spoke with them a couple of days ago. Don’t expect much beyond it’s an illiquid stock and this can happen. The business seems to be fine and operating according to plan.

2700 on yet another lower ask. Good luck Atlas. Just no buyers even at these prices. Guess I’m the only one.

Drip drip drip lower on the ask. Same with the bid.

And wouldn’t be too hopeful today. Sellers keep fighting over themselves to get a lower ask on while buyers aren’t budging on their bids. And once their bid gets hit the next lower bid brings the spread down.