PLS 1.20% $3.71 pilbara minerals limited

Day to day discussions on S/P, page-2589

  1. 3,195 Posts.
    lightbulb Created with Sketch. 679
    Are you all mad ?

    Lithium price is in free fall. When that happens with any stock the price on that stock will fall like a brick.
    Looking on line and there is 6.5m sellers for this morning in 30 mins time and only 1.7m buyers with that ratio we will see the stock in the 60c to 70c price range by days end.

    I am glad I got out at 88c. Now I'll watch it free fall and might come back later when the lithium price jumps back up that is if it does.

    Morgan Stanley has the lithium price falling by 45% by 2021.

    A very big worry.
 
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