Agree with your last sentence. Whether or not any have long term substance, there will be many a trade presenting in the near term by the looks.
For that reason I hold lots of shells (always seem to .. but the commodity runs, whether gold, lithium or now cobalt) all it takes is a new deal and you can see enormous runs. Picking ones with cash, or that have raised recently .. can mean you have little/low downside and the upside if they infer cobalt could be enough.
Made a few stupid trades this month, gave away lots of Januaries profits trying to do try out new things. Twice, was the same thing - trying to pick a bottom on techy that had fallen right back. Sold out both, but it was fraught from the start.
As per a few posts in the STT Knowledge Library, working out your approach and sticking to it. Absolutely critical to keep making money, save your capital and not throw money away.