..anyone who bought into Piedmont Lithium (PLL) on the day (15Apr) it announced its Carolina state permit and held to today, is now underwater.
..a good news like this that wasn't even expected, ended with nothing to show for.
..but LTR holders hoping that production day would be the beginning of a new upcycle could well face the same predicament- a kneejerk rise followed by a complete retracement. What more- LTR's production day is probably the most anticipated news, even if all goes well. PLL's permit on the other hand came as a surprise.
..all does not matter if the lithium sector is in a longer winter hibernation, as I've told you.
LL — TradingView
