Like I understand were are all a bit peeved BUT I saw the same thing happen in 2018 Li spot price spike was in Jan 2018 ...and then ALL downhill (44c something to 4cents something!) The Macro environment, ESP the Chinese economy is just not kicking in the way we always expect the Chinese economy always does and ....IF the spot price of lithium crashes then lithium stocks also crash. To differing degrees of course BUT they dive. If Oil prices go down Oil and gas stocks go down. If China's construction sees a decrease of 25% then Iron Ore prices take a dive and guess what RIO and BHP and VALE take a hit....it just seems really macro to me. I am not taking it personally COS it happened in 2018 AND it's happening again.we all have to make our own choices...when to bail, when to hold fast! I wish you all the best timing in this decision ladies and gents!
I do enjoy the banter here...NEVER gets boring and sometimes SOOOO personal hahaha
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3 | 487755 | 0.036 |
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