LIT has gone from 30c to 5c.
GXY from over $4 to now $1.30
Every lithium stocks all over the planet getting smashed.
Seeing as you are able to start a new thread how about starting one just on the lithium price alone.
E Musk is looking at buying up lithium mines so he can make bigger profits on lithium batteries for cars and power walls and the like.
Other car companies could follow suit so they get the lithium at a far lower price and that then in turns means other electric car companies can't compete and fall.
Mid last week the lithium price went up slightly by 0.28% but now down 0.40 percent which is why the stocks on lithium are down again.
Iron ore fell heavier by 2.6% and those shares getting a smack now.
The stock market is at that point for a market correction. Its over due now. I expect a market crash soon.
Get out and come back later or if unsure sell some of your shares in various companies across the board then wait for the crash to pick up bargains.
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