I am calling the top of the Lithium bubble. At least 6 stocks...

I am calling the top of the Lithium bubble. At least 6 stocks this week have announced they are acquiring Lithium prospects, 3 yesterday. And there may be some that I have missed. SCI went from 3 to 13 (currently 5.8) because there might be Li around Broken Hill...well there might be some in my back yard too!?

How many of these stocks will actually manage to mine the stuff profitably...cant tell at the moment but my guess is only a fraction. We only need to look at the hype over rare earths recently (LYC at $2.50) or (I have a long memory) Uranium stocks around 2006-7 (PDN at $11) to see how much expectations can exceed reality.

On DKO, I feel sorry for those who were stopped out @15 or below. I was not holding but following. Got in to trade the rebound. Best of luck to holders.
--
My advice is free and worth every cent.