When will it NOT be considered negative criticism to point out that the EV, RE, and battery sectors are in complete shatters, and we are in the midst of a 3-alarm fire.
Because it appears to me that things in our investment sector can't get much worse. I have quickly reviewed the following businesses in an attempt to get a grip on our market, and not only is it not pretty, it is a dumpster (a tip in slang) fire.
MP MATERIALS LUCID TESLA LYSDY ALBEMARLE VOLKSWAGEN FORD GM VAN ECK REMX LYNAS SIEMENS ENERGY FISKER AUTO
While the US S&P500 is up YTD by 10.5%, our little basket of future mega titans in the RE battery space collectively are down -20.0% / -60.0% in the same time frame. Please dont even look at Fisker or Lucid, or you will be sick, with Fisker selling at US$0.13 per share (it was a US$19.00 per share stock). And, the only people making coin from these dogs are the shorter sellers. You nay not like them, but they are conducting legal trades and making a profit.
I will let everyone do their own research on these companies for themselves, but I would like to point out that if on January 1, 2024, If I had sold all my holdings in LYSDY, I would have been able to buy back my original holdings today, and add another 9,000 shares to the pile.
Does anyone know why Black Licorice doesn't sell anymore. It has a lot to do with consumer demand and that kids think it tastes like cough syrup or worse. And, if I had $1000.00, I wouldn't invest in a Black Licorice startup. Other than the obvious, what is the difference for investment purposes (1-3 years) between RE businesses and Licorice.
So, with the rich getting richer, the markets gaining by the day, with households who can't make ends meet, and no end in sight for a sluggish EV market until late 2025, when is it time for this board to consider looking to buy a Cadbury Milky Bar and not the Black Licorice?
LYC Price at posting:
$5.77 Sentiment: Hold Disclosure: Held
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