Now that the Posco cash is in the company's account and half the market cap is cash, the SP still get driven down. This confirms shorts have no way out.
People buy cheap and sell cheaper, 80% of people lose money on stocks because of irrational fear, driven by short sellers. When short sellers face bankruptcy they cry on line for sympathy, yet gloat on other people misery.
The guy that knows everything, fast talker, Gods gift to the world, the big house on mortgage, BMW on finance, everthing on credit card and the fearful wife that can't have an opinion, people thinks he's successful. He makes his living shorting. This is what people are afraid of. Around the world a demand for lithium batteries is exploding yet people follow charts, buy high, sell low, read oversupply BS on the internet and believe in it. Time to stop living in a padded cotton world and take charge of your future, one that is driven by alot of batteries, not just cars but from children's toys to aircrafts.
In ten years times lithium demand will be 56% carbonate and 44% hydroxide, Hydroxide is the more energy packed. Hard rock was mined because there was a shortage of brine supply. The argument of hard rock vs brine are driven by lack of understanding. Follow the BS on HC and banks are a good way to lose money. eg a guy bought shares @30c, sell 18c, he's happy to buy back @25c because the company got an extra contract. How smart is that? Be aware of the many HC posters, they work for someone, hint( a fund). When The SDV JV is announced, the cash will will be higher than the market cap, earnings $120mil plus per year. What is there to be worried about?
Forget DOW and wall street, the banks make buy recommendation but also predict a crash. Can't really get it wrong when they predict both ways. There's too much money supply, in the event of a fall, money come out of the market go into accounts for only one reason, to go back on to market. What else is it going to do? Gold is a relic and oil price is controlled by three people, Trump, Putin and M bin salman. Concentrate on lithium developments and not Beijing spot price. In that part of the world are the biggest gamblers and manipulators. Watch the brown sugar coated SP and know it willl be much higher.
Many people are not posting because of nonsense and trolls, they are still here. Its your believe in the investment not someone else that matters, keep that in mind.
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