elephant in the room, page-3

Thanks, Moorookamick-

Re the shorts: Who would short the stock at this price level? You'd need either brass cojones or inside information. Upside is significantly greater than downside, so what's this play?

2. Though I agree with your analysis, the market predicts more than it reacts. So the negative sentiment re: lithium and eventual profit is unwarranted, or at least overblown imo. Sure, delays cost money, but the underpinning demand for Li is not diminishing. GXY is still in the lead regarding production and in that context is strangely depressed given its coming fortunes. The sp has dropped steadily for months now. I watch it carefully each session and what I see is this: Any whiff of a rise and it gets hammered. That's a fact. Others will back me on that one. As soon as the sell side thins out, whack...on go a big pile to ensure that it can't rise. I don't believe that it's just the shorters. That is, unless they are driving it down to take their profits and then buying back for the longer term. Amazing that this stuff is legal - turns investment into a casino.

Cheers,
ST