LEL 0.00% 37.0¢ lithium energy limited

Ann: Hole 7 Yields Highest Grade Lithium to Date in Upper Aquifer, page-38

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  1. 3,559 Posts.
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    A couple of micro stocks I am 10 to 15% down in, in the zone some would put a stop loss on (most annoying thing is these were sitting on profits only a month or so ago), but am trying to wait for some further results (which hasn't really paid off), risky as though, in this market good news seems to give the sp a bit of a kick in the morning only to get sold off later in the arvo, on bad news, these stocks could absolutely get punished.

    It is safer to just stick to high quality proven assets at the moment imo, instead of having a punt at 10m-20m mc micro cap exploration stocks, if we are to be honest, the market has been shaky on economic uncertainty ever since Evergrande crashed at back end of 2021, at has been going in 2 months of uptrends, 2 months of downtrends kind of patterns, there have still been some winners in this time though, but lots of gains have also been lost.
 
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