Short Term Trading Weekend Lounge: 13-15 MAy, page-148

  1. 24,192 Posts.
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    I don't think PSC will catch BGS in the short term ...But I have no doubt PSC will increase in value fast close the distance ... Problem is BGS is about to blow much higher (The move has started)... It will likely out do DKO's recent high mcap Expecting it to go over 100m mcap shortly and much higher ultimately ... PSC is lagging BGS by a 1 to 2 months ... Both will move up in the STT term... IMHO

    As for Lithium in general and comments about too much lithium talk ... Well if its hot and it moving in the short term .. then it ought to be discussed at length here (Trade the trade)... the Lithium boom is just beginning (will have its corrections and quite times) but it is along term bull IMO... The oil price has dropped recently because of the increased supply provided by US Shale Oil boom ...did someone say it added approx. 2m barrels of oil per day to supply and that has caused the oil price to crash due to over supply? ... Now what happens when there are enough Electric cars on the a market to displace another 2m BOPD ...and the number of electric cars keeps increasing exponentially ... We will see the demise of the Oil industry as we know it IMHO sooner than you think.

    So if whatever commodity is hot right now we (STT Group) should be all over it... If lithium (or any other commodity) remains hot for 5 -10 years ...then it should be discussed here for the same amount of time IMHO as long has we are able to successfully trade it ST ... the STT thread needs to have a continuous finger in the "Eye wall" of every tornado that gets whipped up or passes by ... .

    ...but that's not to say we discuss Lithium and nothing else ... gold has been slowly rising .. zinc looks promising also ... Fin Tech has also been discussed recently ... RTO's were all the rage some months ago but has fizzled somewhat ... So go with the prevailing hot sectors ... but lets not get blinkered with lithium ... also keep an eye out on the "Next" Potential boom sector/tornado that is building ...
 
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