PLS 2.96% $4.18 pilbara minerals limited

Goldman and opinions, page-6

  1. 3,175 Posts.
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    One day a class action law suit against GS I reckon for down ramping.
    If he was in Aust ASIC would be all over him like a bad rash.

    GS 2 years ago stated that iron ore would be $55US/T in a years time
    A year after that call the iron ore got as high as $240US/T.

    Then a year ago GS again stated the iron ore price now would be $70US/T and guess its $134US/T.

    Their predictions are mainly wrong in this era of business. Before social media they were the go to people for stocks.
    Now they are the down rampers.

    You can bet some lucky bugger is making a fortune out of all this.

    Now GS claiming that lithium prices will fall BUT the problem with that silly argument is that the world is energy hungry
    and with many countries boycotting Russian oil and gas they have to look at other sources of power which is solar and battery storage so I see a super boom about to happen and we'll see the exact opposite of what GS is saying.

    Then go add all the car companies and bus companies going EV's.


 
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