Just the old tree shake aulin. Very easy for the savvy...

Just the old tree shake aulin. Very easy for the savvy insto/funds to pull off when a stock has very large sustained run up - there are many retail holders sitting on very large gains and many simply choose to cash in - feeling uneasy and their mindset changes as the sentiment changes orchestrated by the funds. Some as Lynas it is easier for them as they have many external possible large negative factors so the funds can squeeze their holders easier than that of Novonix as the only negating issue we have is time - time for when the big contracts arrive and production ramps up accordingly - the funds see this time rapidly diminishing (re P66 for example - did the funds not pile in then on that exceptional deal - release) and they know there are many more arriving soon so they are playing the shake as for now they have a window of opportunity - that may diminish soon.

That is my take on the recent fall back - happens all to often with progressive companies - the funds being the opportunists they are and in knowledge of how easy it is to organize a shake - take away the sentiment take full advantage. Keep your eye on the long game which they are.