PLS 3.02% $3.07 pilbara minerals limited

re:Lithium demand surge, page-231

  1. 2,851 Posts.
    lightbulb Created with Sketch. 1312
    I'm not sure I totally agree with you on this about Ken needing to Hype the company up more.


    Firstly using the Bitcoin hyping method is very dangerous as I personally think the whole Crypto space is based on tax evasion, money laundering and other very dodgy transactions and its being pumped up with very questionable advertising and claims.

    I know someone who was a part creator of one Crypto currency and I know that he and his co founders put fake buy and sell transactions though to support the price with the aim to sell down their massive holdings.


    Also lets not forget Elon Musk just had to stand down as chairman for 3 years and Tesla has had a lot of internal trouble.


    So personally I'd rather Ken kept doing what he is doing which is running the company really well and under promising while over achieving.

    If you over hype a company then yes you can get a short term gain on the share price but the stock market will eventually savage you when you do not deliver.

    In Kens case he is is constantly over delivering and when the next quarters cashflow comes in the market will see just how good things are and there will be no need for Ken to do any "Bitcoin or Elon Musk" marketing.

    So with the expected stage 2 expansion not far away as well things are looking great and I am very happy if Ken just keeps doing what he is doing.

 
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