LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-4257

  1. 34,338 Posts.
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    Any commodities with a massive run, usually following with a deep crash in a very short time, iron ore in early days, rose from $12 to $195 per ton, then dropped to $63, rose 1,500%, dropped 68%, then rose to $180/ton again.
    In 202, crude oil price, crashed to negative, but fast recovered to a crazy level.
    The lithium stocks are currently priced in more price drop, as lithium futures price has dropped 73% over last few months. Massive drop/crash has already been done at least for the futures price. So I expect lithium price to start recovering soon. The shorters are spreading more negative outlook, I bet they are starting to short covering now.

    All imo.

    Screenshot 2023-03-27 122748.png Screenshot 2023-03-27 122711.png
    Last edited by 8horse: 27/03/23
 
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