Based on what? To be honest, it's DSO all over again. These analysts have no ground or basis for what they are talking about, just rants. I mean Simon Moore legit had to calm down BoA .
The true experts, who made it their full time business (not just hire some general metals expert), strongly disagree.
Simon Moores Retweeted
Simon MooresVerified account @sdmoores Jan 17
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Excellent day partnering with Bank of America Merrill Lynch. Biggest invest fears: lithium oversupply and Auto contracts. Lithium over supply dependent on expansion capacity in China. At worst soften high China prices but no price crash. 1/2
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