Shorters... Good luck!, page-533

First 533 Last

Share
Profile

Follow
Ninja Tuna

2,853 Posts.

996

16/08/18

10:22

Post #: 34971003
Share

Originally posted by SpaceWalker ↑

There are hardly a few technologIcal breakthroughs in the last century like steam engine, electrIcity, gas powered vehicles and internet that changed the face of the planet and created mass employment opportunItIes for billIons of people. Today one of these breakthroughs is under threat and so is the associated wealth and I see a fight back.

1.. We are faced with across the board selling in the lithium space and without merit. Why ???

*The first charge came against the biggest names in the sector i.e. ALB, SQM and FMC. Between May 2017 and today all three gained some 25% - 30% and then lost all their gains. Shorting these names was hard due to their established names and the depth of coverage by every major investment banks so they moved on.

*The second charge came against the next in line list of producers. Most were small, not well capitalized and were just starting off. They were attacked relentlessly using every trick in the book. Stocks were borrowed in tens of millions, shorted, then covered and shorted again. By just allocating a few hundred million of capital they have rolled anyone and everyone into dust.

*Lately Elon Musk announced that he has been courted for years to go private. My questIon is why Tesla? Why go prIvate? Why not GM, Ford, BMW, Mercedes, VW etc.?
*What if Tesla decides to go that route and it becomes the last nail in their coffin? What is long term strategy here?

I see it as a coordinated attack on the sector but the elephant in this room is the consumer itself. He wants an EV. The customer will never care if the new product help him save and makes his life easier and richer. EVs have everything that a customer needs.

Some producers of today will grow to become the monsters of tomorrow. Stock picking is an art but at the start of every revolution the options are clearly written on the wall.

Go.... GXY, PLS, KDR, ORE, Lithium Americas, ALB and SQM.

Expand

Bye bye shorters

GXY Price at posting: $2.58 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

PFE

Pantera begins drilling of maiden test well at Smackover

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 659 more messages in this thread...

First 533 Last

Add GXY (ASX) to my watchlist

Shorters... Good luck!, page-533

Top Stories

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Pantera begins drilling of maiden test well at Smackover

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News