Happy Xmas everyone.I had a look at it @seaemay and whilst I...

Happy Xmas everyone.

I had a look at it @seaemay and whilst I understand his claims, my read of the landscape at the moment is different - it is worth noting that a contrarian by definition rejects popular opinion and seeks to think the opposite to the market. Given your background with CXO, I understand that you are likely posting from a place of attempting to share your view of upcoming market conditions and not from a place of downramping the company now that you have sold most of your holdings. That said, I am not sure I would place as much weight on the claims of a significant crash as you - I agree with @$man and think that 2021 will be a good year for the market but in particular for CXO and other lithium companies. I had a look through Dave Hunters twitter feed and I think he has an interesting posting history. Below is a snapshot - I have not covered all his posts but looked at enough to represent my point:

1. 12 December 2020: Interview with Crux investor reinforcing his claims of a stock market crash (80%) in the first few months of 2021 after a 'melt-up' in the S&P to 4500.
2. 04 July 2020: Interview with wealth creation group reinforcing his claims of a stock market crash (80%) in 2020 after a 'melt up' to 4000 or 4100 in the S&P.
3. 01 January 2020: predicted a final parabolic 'melt up' rally of the S&P to 4000 into a secular top after January (twitter post).
4. 31 October 2019: predicted the S&P to 4000 in a final parabolic 'melt-up' (twitter post).
5. 15 August 2019: predicts a global deflationary bust in 2020 & potentially an 80% peak to trough decline in the S&P but only after a final parabolic 'melt-up' of the S&P to 4000 (twitter post).
6. 02 January 2019: predicts a melt-up in the S&P to 3500+ in the 1st half and a global deflationary bust and bear in the 2nd half 2019 with an 80% peak to trough decline (twitter post).
7. 20 September 2018: predicts that a final parabolic leg has begun that should take the market to a secular top by the end of 2019. His target for the S&P was 3300 (twitter post).

Seems like there is a continual revision of the target for the S&P in the 'parabolic melt-up' as well as the date for the predicted crash. He is probably right that a crash (and inflation) are coming some day and I acknowledge that is possible that COVID-19 and the money printing and stimulus by world powers may have pushed it further down the road, but I'm not convinced he knows anymore than the rest of us......I think I might stick to my read of the market rather than old mates. There are some risks in the market, but there always are and I don't see a crash soon unless something wild happens like a vaccine doesn't work or worst still, it creates more deaths - this is unlikely however as most of them come from known medicines already.

Make up your own mind all, but CXO's immediate future is looking pretty bright to me.