I'm relatively new to this, but how can you tell who the Shorters are and blaming them for this? As I'm new to all these acronyms etc I'm assuming you mean short-term buying and selling? I have some stock that I'm planning on selling short-term and others long-term. That's everyone's individual exit strategy and their own choice.
I've put this down to a couple of people talking about oversupply and investor confidence dropping and investors selling due to emotion and possible poor media reporting. If anything, I'd blame the media and a couple of people who have made these enormous statements of oversupply.
How can someone really know if the world is in an oversupply of lithium? There are so many other articles that suggest the contrary and the writing appears to be on the wall. Every country will have electric cars eventually. It's the way of the future.
Since I bought into this investment it has dropped 16% but I'm confident it should come back as I believe that so much lithium will be required in the near future and you just have to ride out the highs and lows.
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