All in opinion:
Shorters arriving late to the SP bearish trend as the market bottoms are no different to bulls who buy at LT multiyear SP peaks at euphoric levels when early accumulating holders are pondering selling out for substantial profits. Holding a short near industry multiyear lows when doom is completely exhausted in an industry with strong LT fundamentals and LT demand is certainly a risk in my opinion.
Those who make the wrong decision to hold short during the inevitable strong Lithium recovery, will learn a good lesson no different to some bulls who unfortunately witnessed their investment erode to where it is now. However, where credit is due, well done to early shorters who have already covered and profited from the Lithium market downside over the last few years.
The market has clearly bottomed on all fronts in my opinion (Lithium price, Lithium SPs, Lithium ETF now in an uptrend) Remember, there are more green days in a cyclic uptrend. More green days for a shorter to question their bearish investment decision in a future multiyear Lithium Bull Market Cycle and to cover the short at a loss (or perhaps even ST profit).
DYOR. Good luck all and looking forward to more positive discussions becoming the norm in these Lithium stock forums as the industry in whole recovers off these multiyear lows.
