As one or two others have noted, Goldman and the like caused a severe market downturn with their ‘projections’ six months ago. These did not come to pass. Now they were at it again earlier this week, and yet here we have record lithium prices a few days later.
Somewhat surprising that investors who sold, or had stop losses triggered, and lost money last time didn’t bring a class action lawsuit.
These merchant banks well know the impact their ‘projections’ have on the market. It’s time for the SEC to investigate and see if their clients are short selling ahead of these projections or buying the artificial dip.
Ann: Results of BMX Auction, page-81
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