While there are many articles promoting Li and ecars the facts point towards market oversupply over the next 4 years. Apart from GXY and Talison gearing up for record production, South American brine based product is growing rapidly in supply which is likely to put downward pressure on price over the next few years.
By the way, BYD ( Buffet's investment in ecars) dropped in value over the past year:-
"BYD shares are down about 50% from the end of 2010 because of the company's poor auto sales and earnings" (Reuters, Nov 14th 2011).
Cheers Moorookamick
GXY Price at posting:
29.8¢ Sentiment: None Disclosure: Not Held
