New Re-Entry Price

Some simple observations:

CORE LITHIUM is the most shorted stock on the ASX (Fact)
For more than a decade the stock was trading below 25c/s
It had a bull-run in 2022 for couple of years and hit +$1.80/s
52 weeks low around 62c/s

So where to from here?

I am a simple investor but anyone in HC will tell you the trend is your friend; I hate to admit that but, yes unless you have very deep pockets it would be foolish (IMHO) to try to catch a falling knife - I like Li stocks because of their promising future which is yet to be realised - except we are not on the company's payroll with 7 figure salaries and stock options and performance rights options etc.

And in absence of dividends my take is this Co is: it could go as low as mid to low 30c before things stabilize again and we may see more bull runs and pump and dump. So I am watching this co with interest to find a position with minimum down side - if I am wrong it would be my loss. Because when the market finds instos can milk the stock successfully once will keep doing it, until people like you and I are out of this co altogether.