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why not join the shorters if you're sure it'll crash down to $1...

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catz987

748 Posts.

29

23/06/17

11:11

Post #: 25449519
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Originally posted by LiefiX ↑

Oil supply is being used up faster due to a lower price due to Geopolitical games. When oil runs out and becomes increasingly expensive more the mindless public will suddenly turn to renewables which will increase demand for lithium products which will boost the SP. Market will probably crash when it happens too.

Various organisations are already targeting price of like 3.38 by the end of the year 4.1 mid next year. Move to dividend paying stocks for a while and wait. That and the shorters are taking advantage of things by borrowing mass shares and then dumping them from institutions. Best to wait for a SP of $1.00 and buy up then.

Only reason why they talk of oversupply in lithium is because there is still a large percentage of the public that barely use it for renewables yet not to mention our backwards government that won't support anything that doesn't involve coal.

DYOR (I could very well be completely wrong).

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why not join the shorters if you're sure it'll crash down to $1 .... ?

GXY Price at posting: $1.63 Sentiment: Buy Disclosure: Held
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0 Great analysis

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