Why do you think profit making. Yes they had two great Qs in Q3 & 4 of 2022 can you explain why you expect that to continue. I think it goes down. Q1 &2 were down just a tinny REE prices will mean that Q3&4 wil be down a lot more.
If that is what you think fine. The number one thing that effects SP is profits why do you not think that is headed down. Yes there will be bounces I have predicted Dead Cat bounces for about a week. So far we have not even had that but we are do. Do not be fooled by a head fake. If all you can point to is a little bounce intraday you just do not understand stocks.
It is a global market. Any drop in demand will effect all producers and sellers. it makes no difference who is who's customer. REE Demand will be very good for years no mater what Tesla does. Price is going down because supply has caught up with demand.
LYC Price at posting:
$6.43 Sentiment: Sell Disclosure: Not Held
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