What goes up must have a rest or go down. What goes down must at sometime experience a recovery or better yet HUGE growth. When you have lithium and other growth stocks experience trillions of dollars of appreciation combined, there will consequently be profit taking.
I don’t know where the money is coming from, but there is alot more than I even predicted. Part of the trillion dollars worth of profits elsewhere needs to park somewhere else just for risk reducing diversification.
Rotation to value is “begrudging” but also officially under way. Go away afterpay and bitcoin and other 2000x appreciation lithium stocks.
Thats where 5m market cap CL8 comes in.
If it gets a good quarterly even better. Off to the moon it goes LOL
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