u/ArtyB13Blost

Any good news is welcomed news.

https://x.com/amcdiamondhands/status/2087506536088121424?s=46&t=r6ik3rxExZv8KcMOy4L24g

“CalSTRS just stepped in. Vanguard increased its position 150%. Tidal 125%. Franklin, Schroders and UBS are already there.

That’s not hype. That’s serious institutional money finding Hycroft.”

CalSTRS: “CalSTRS (California State Teachers’ Retirement System) is the public pension fund that provides retirement, disability, and survivor benefits for California’s public school educators—from prekindergarten through community college”

$28 resistance is bugging me so I asked my Artificial Intelligence friend.

This is what Grok said:

“$28 is a notable short-term resistance zone for HYMC primarily due to a confluence of the former (and still-referenced) B. Riley price target, technical pivot/Fibonacci levels, proximity to the longer-term moving average, and prior price structure from the big 2025–early 2026 run.”

And: “Analyst Target Anchor

B. Riley initiated coverage in July 2026 with a Buy rating and a $28 price target. They later cut the target to $25 (while keeping the Buy) in early August, citing broader pressure on precious metals equities even with project de-risking. That original $28 level remains psychologically sticky for many traders and algorithms as a reference point or “fair value” marker from a recent initiation. Consensus/average targets have also clustered in the mid-to-high $20s.”

Also: “Technical Confluence

• Recent daily Fibonacci and standard pivot calculations frequently put R2/R3 or equivalent resistance near $27.4–$28.0–$28.9 (depending on the exact lookback). One common Fibonacci set showed R3 at ~$28.04. Accumulated volume resistance has also shown up around $27.8. 

• The 200-day moving average has been cited in the high $20s (around $28.35 in some recent data), so the stock is testing that longer-term average from below on the rebound from the July lows near $18.
• SwingTradeBot and similar tools have flagged nearby resistance clusters (e.g., ~27.9 / 28.3 / 29).”

In addition: “Price History Context

HYMC made a parabolic move from single digits into the high $50s (52-week high $58.73 in late January 2026), then corrected sharply. The mid-to-high $20s (including repeated action around $27–30 in periods such as early January and June 2026) acted as prior highs, consolidation, or breakout zones before the bigger upside. On the way back up from the summer lows, that same area now functions as overhead supply—traders who bought the earlier base or who are taking profits into the rebound often defend or sell into it.
Today’s action (as of midday Aug 12) illustrates the point:
the stock opened strongly near $29.67 and traded as high as ~$29.77 before pulling back into the $27s, showing available supply overhead. “

So: “Bottom Line

$28 is “high resistance” in the current context because it is not just one isolated level—it is where the recent analyst target, Fibonacci/pivot math, the 200-day area, and earlier structural highs overlap. For a high-beta name like HYMC that has already run hard off the July bottom, this zone naturally attracts profit-taking and short-term selling until (or unless) it is cleared with volume. A sustained break and hold above it would open the door toward the next zones in the low-to-mid $30s; failure here keeps the recent rebound as a bounce within a broader post-January consolidation.”

The battle for $28 will be epic.

Just saying..

I’m surprised it keeps dropping but so is silver so it also makes sense.

Hopefully we hit rock bottom. I thought $20 was a rock solid level of support so what the heck do I know.

About 1% but will not be shocked if it’s closer to 5%

I’m too cynical to expect it to go up today

Edit: we closed down 1.05%

I have a margin account. I use margin all the time. Never worried about it.

When HYMC dropped under $30 I used margin to buy the dip.

Last night I went to bed with $20k available in my margin account. This morning I woke up to a margin call. But, the value of my investments are up. WTF?!

Simple, SOFI changed the margin requirement for HYMC! As of today only 40% of the value of my HYMC is counted towards margin requirements. I had $138k in value for my HYMC but they changed the margin requirement on me overnight with no prior notice and only $55k counts towards margin requirements as of today.

They fucked me.

Think what that means. If you use margin to buy HYMC, 60% of the value of the stock will not be counted in the value of your portfolio for margin maintenance requirements.

They just made it impossible to buy HYMC on margin.

They forced me to sell 500 shares to cover the margin call. I’m pissed.

“Just when you think you’re out, they suck you in again.”

Ain’t that the truth.

Specifically when it comes to HYMC.

Granted, I own the stock so I’m bullish but for it to drop to $23 on no bad news is insane to me. Maybe the shorting had an effect.

Just me…

I’m in the green.

Wow

Hope I didn’t just jinx us.

What the fuck.

I can’t bitch about HYMC being down 10% when I look at all this.

Yikes.

“I guess I picked the wrong week to give up crack”

I know it’s just ….

No, $30? Seriously?

Bullish news and still drop to $30?

Yeah, silver is down, but still…

Royally annoyed

Not much going on right now and already bought the dip.

Any news on the horizon?

Bought back 300 shares that I had sold at $45.

Let’s hope we rally next week

Didn’t know what else to do

🤷🏽‍♂️