If this is what some are saying in the medium term is a $35 - $45SP, what would institutional money be willing to do to make sure they were positioned at the lowest possible price at the beginning of the journey?
Morgan put out a sell recommendation on lithium to its clients in Dec 17 which was a catalyst to crash the market with a published report: within months you could see that they were a majority buyer.
Everyone has their own risk appetite so I completely get it; for me I've been buying all I can on the dips because when it returns to the previous high in a few weeks I would have already made significant profit.
It's not advice but I wouldn't follow the heard and sell at the moment.
CPN Price at posting:
$2.06 Sentiment: Buy Disclosure: Held
