AVZ chart, page-3588

That’s a bit short sighted, on a FA basis you are probably correct but it depends on what measure of time are using (which can easily skew interpretation) and other variables like psychology , but a) you can’t imply that everyone holding onto this is at a loss, it’s pretty naive to assume for because most people aren’t b) the instos are definitely not selling as evidenced by latest shareholder reports (particular the Van Eck rare earth metals etf) and also because the headlines that are posted in the media (especially the Australian media) tends to be inaccurate and out of context with regards to Congo, but also even with local Australian miners.

The most accurate and successful investors/traders consider both the FA and TA when making balanced decisions, and not the emotional interpretations of the bulls and the bears to be fair.

Finally, a lot of these wrong or right decisions on SP are made in hindsight and do not necessarily predict the outcome. And in an industry such as Lithium, there is so much misinformation due to the lack of understand how this supply chain operates. A lot of the reading material on the industry itself is obscure and written by academia for the industry, but does give good overview on the technicals and how difficult it is to bring on brine projects particularly.

Hence why people must DYOR and yes I agree, that you shouldn’t risk more than you can afford to lose.

But insulting people’s intelligence just because a trade worked for you worked out for the individuals goals and not for others with different timelines and risk appetites.