Banter and general comments, page-12362

the shorters are in there doing there thing...lol
Interesting piece regarding directors buying or sellling

Core Lithium (ASX: CXO) - The key lithium producer took a beating last week after German finance minister Christian Lindner "rejected EU plans for a de facto ban on the sale of new combustion engines cars by 2035." This triggered a sell-off accross lithium producers, but they have since rallied. Arden Jennings recently pointed them out as a "top stock powering the future of the energy transition in the small-cap space", however there remains uncertainty about the future direction of the commodity's prices among analysts.

"The battery metals bull market has peaked" - Goldman Sachs, May 2022

There is once again a unique driver of selling here, with all sales coming from Managing Director Stephen Biggins following the announcement of his resignation. The rest of management appears to be holding onto their stakes at the current moment