Yesterday was our turn, a few days earlier it was PLS. Today, it's KDR.
It seems all the Li producers are taking turns at being played. This strongly reeks of the hands of the big end of town. They are simply methodically working through each stock for some extra "cream" whilst driving the share price of each inevitably forward (with a few backward steps thrown in).
My advice would be to not try to game the gamers, let them play whilst we sit back and get them to do the hard work.
Today may have a bit of a sting in the tail, but I wouldn't be too concerned. Next week feels like we could be up for some industry wide action with Livent IPO pricing to be release, possible release of stage 2 feasibility study for PLS and maybe even some news out of GXY on $$'s in the door or even on SDV??
Either way, this seems to be the calm before the storm.
Have a good weekend. Mine starts now.
Cheers.
GXY Price at posting:
$2.75 Sentiment: None Disclosure: Held