PLS chart, page-379

"Use fundamentals to chose which stocks to buy and use T/A to time the buys and sells"

I love this.

So true, the key benefit of this strategy is if the FA is good you can hold long.  I have used T/A (stolen from @h00ts) to time my ins and outs from PLS.  Currently however I got in at 92c which means I got the last entry a tad wrong, but the FA is good so I can hold long and wait for a good return.

The other piece of share trading advice I have used a lot over the years is:

"Buying cheap is the easy part, it's knowing when to sell that is the hard part."  You should always have a target margin and selling price.  Nobody went broke taking a profit.

A lot on this thread will tell you PLS is going to $10 and it could.  However at current levels I will be out at $1.25 max.  I may buy back in and sell multiple times on the way to fair value, which I feel is $3-4 a share at the moment.

Watch the spot price in China it is telling the Lithium story at moment.  I think it is artificially low, interesting times.