$1.50
Well, I am reluctant in participate on the comp for simple reasons.
first: Macros, especially what China strategy might be towards a healthy correction and to crash a few western countries so they can accumulate more resources.... one OZ lands....deflation and housing bust would be wonderful for the Chinese.
second: the large houses that have participated on shorting among many others... small, retailers, sophos, you name it.... the whole perfect storm with Macros and corrections could continue easily.
But, for the fun of it...and being a "BLIND positive", I will give it a go.
I'd say, with Stage II in mind... and with one of the backers being Giant Ganfeng Lithium, I will take the highest of last year at $1.25 and I will add to it 20% bringing it to a healthy $1.50 by end of 2019..... Unless the Global economics start cracking... and we are going to re-test much lower than what we have it right now IMHO....
So, $1.50 for me Please....
Note: that massive engulfing bearish candle - Monthly candle is very powerful... we could go either way here.... starting good and sinking... or sinking and rising..... without counting MACROS.... geezzz louis.... LMAO>>>
cheers
T10
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