One last quick article that made me think, maybe I should so some further research in the lithium space (sorry for the spamming...just got on a role there....lol). From the included link - Feb 16 article - posting this as a couple paragraphs in it discussed prev weak lithium performance yet made simple sense from prob a longer term poss strategic investment view overall - given some recent movement in oil.
"One reason for lithium's weak performance is its relation to renewable energy, which tends to move inversely to oil stocks, Walia says. With oil prices sliding, alternative energy has looked less appealing as a competitor.
Headwinds also include slowing Chinese growth, a mobile device market that has reached saturation in some areas and macroeconomic and interest-rate uncertainty, he says.
While there is no simple answer as to whether now is a good time for bargain-hunting in lithium, Walia says taking a position makes sense for investors who think oil will move higher, a Chinese recovery will increase demand for mobile devices and electric vehicles will take off to also be bullish on lithium.
"This is not a bad way to play a recovery," he says. "But you have to have conviction on a lot of things."
