PLS 5.83% $3.07 pilbara minerals limited

I agree. I definitely don't think it is all over just yet. Li...

  1. 3,335 Posts.
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    I agree. I definitely don't think it is all over just yet. Li prices have to be rising convincingly and only the CO3 price has lifted a tiny bit. It has little to do with the Co and everything to do with the price of the product. Shorters will keep doing their thing while ever the price is falling. They may use fifty million justifications about the Co etc to confuse, but it is all very, very simple. Li price down = More shorting, Li price up = Less shorting.

    There are opportunities to make a bit trading on the way down, but it is all very high risk.


 
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