....I think lithium hodlers left it too long continuing to Buy...

  1. 22,630 Posts.
    lightbulb Created with Sketch. 2057
    ....I think lithium hodlers left it too long continuing to Buy and Hold.

    ....bewitched by the fundamentals of EV/Lithium over the long term, without understanding how markets work. Markets front-run, so just as lithium stocks over performed when EV growth was ramping up , it was already imputing huge growth. But when growth decelerated, lithium stocks underperformance became apparent.

    ....share prices are dictated by growth outlook. Now its recovery (share price) hinges on a resumption of lithium price growth, not EV growth. Because now its (lithium) lack of price growth is helping EV growth. And with lithium price unlikely to grow for yet a few years, beyond which we don't know how the battery chemistry mix would be like, the winter hibernation for lithium stocks could be longer than we now hope....yet LT holders are undeterred.  

    ...a Dog of a Stock Will Show You More Fleas over Time.

    ------------
    Disappointed by@lake_resources's share price performance and management's slow reaction to reduce cost. As a shareholder, it's painful. Hope management can resurrect the company's in the next 12 months, the Kachi project has so much potential
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.