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Not looking good for lithium stocks, page-67

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Gekkko

2,201 Posts.

1084

05/12/19

08:48

Post #: 41803327
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Originally posted by LithiumGold ↑

We all know the increase in DEMAND is on the horizon BUT so many current buyers of GXY and stocks in general have a very very very short term outlook hence all Lithium stocks will not go into an up trend until DEMAND starts pushing up the Lithium price . From all the research I've been doing this change in DEMAND is not going to happen for at least another 6-18months so GXY will remain in the doldrums for the next 6-18 months and therefore the short term traders will buy and sell for small gains , or buy and sell at at a loss being not prepared to hold and wait for the change in DEMAND.

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Given your belief "GXY will remain in the doldrums" for more than the next 6 months, can you explain your 'Buy' sentiment (listed as a holder on your status) and what price you consider to be a good buy point ?

GXY Price at posting: 87.5¢ Sentiment: Buy Disclosure: Held
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