Good idea.
Following was published back in May - investment thesis remains intact IMO and recently disclosed SQM quarterly pricing would suggest demand for Lithium continues to strengthen
http://www.seekingalpha.com/article/4075453
Short sellers tend to build exposure when there is proof that their strategy is working. Problem being, they get more bearish as prices decline, when actually they should become less bearish. This is why short sold volume almost always peaks at low prices prior to turning points.
My guess is we are looking at a turning point at this very moment. Technically the short term downtrend may break at any time, fundamentally the balance sheet is strong and announcements like today highlight the potential nightmare scenario for the shorts.
- Forums
- ASX - By Stock
- Rumours & Speculation
Good idea. Following was published back in May - investment...
-
- There are more pages in this discussion • 1,372 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online