Trump EPA Contract Freeze & Media Blackout, page-2

You’re not making a lot of sense here Crash.
Why re-enter at all if you’re convinced the lithium story ends with Trump and the EPA?
Why not post this on all lithium stocks if you think it is majorly significant?

But why here? - to a company already with Chinese offtake contracts and Japanese payment guarantees supplying batteries likely headed for Chinese vehicles to fix Chinese pollution issues and renewable targets according to their own govt policy?

The next 12 months of product is spoken for and the EPA has nothing to do with any of it.

btw: How is the baby going?
I understand - after a few months the screaming really gets to you.
My wife and I were fighting just about every day around then out of exhaustion - and then …aaah… the crying stopped
and life went back to normal.

See, the real thing that is happening in the States is on the states' level.
There are 50 governments there capable of setting their own agenda for their populations and environments, and, democratically, most Americans voted for the other person with the other, renewable agenda.
Just like here in oz - there is a mix of progressive policy  (SA) and the not so progressive (WA).

California pushed back almost immediately with their own plans to cut emissions to 40% of 1990.
http://arstechnica.com/science/2017...ts-while-california-plans-to-slash-emissions/
and there are a bunch of other things I could link too.
Recent announcements of massive solar and battery installs continue backed by the speed of deployment (over other solutions ie building coal plants) and cost metrics
and even employment.

From the above linked article
“As a whole, advanced energy enterprises employ over half a million workers in California—three times the combined total of motion pictures, television, and radio—bigger than agriculture, forestry, and fishing. And, the pace is quickening. In 2015, the advanced energy sector generated jobs at six times the rate of the state’s economy overall.”

Trump has made good friends with EV poster-boy Elon Musk who is driving his own little revolution and rolling out infrastructure. He has Nevada tipping in vast chunks of cash. Trump wants manufacturing and all the car companies sitting around that table with him are already on board with EVs.
He won't be telling them not to build the best cars they can.

Of course - he is not as environmentally progressive as Obama's adminstration - but then we all knew that months ago.
You were a Trump man yourself.

Our current deal is with China who are about to take the lead from the states over renewable policy and investment. Our own cheques come from them for a good while yet.  Europe and Asian demand is the key to the next period with the US driven by individual and corporate demand, progressive state policy and the very low current penetration of solar (and therefore a massive market for private battery ownership).

Meanwhile - the broader US share market seems ready to go ballistic.
Tonight it gapped up through the 20k mark. You’re a fan of technical info.
Statistically the breaking of a new 1000 mark with the Dow indicates that it is followed by a positive period on the market where the growth continues.  And where the US goes we tend to follow - in wars and with our trading sentiments.

Thing is - that this isn’t necessarily about the US Fed govt at all any more.
Most of this EPA stuff that you're posting is only loosely related anyway. Approvals for building permits, save the Minesota Mangy Owl type stuff.  Main thing is he probably cancelled plans for a preliminary federal roll out of charging infrastructure that Obama was keen on. Watch private companies enter that space just as quickly.

Lithium is a common sense and low cost solution to a set of large problems. These costs of implementing renewable tech (solar/grid/EV) have dived and people and nations are voting with their wallets and their air-respirators.
Somebody posted an article here about a Californian campus where the students all chucked in $40 to buy 15 BYD EV buses for free transport. It's back in our hands to do something about this.

How does the saying go..?
You're either part of the solution or part of the problem.
Trump is part of the problem but the real question is - how much? - when the drivers of lithium disruption has become the lower cost of consumption. Business is business.

But then - you already know all this.
Didn’t you say you needed a price in the 60s to go green again after averaging down from your high buy in originally with Galaxy Mk 1?
Perhaps you’ve also got some profit now too but this really isn’t a good way to behave about it.
We're all grown ups here and the chart stuff is just one part of a huge number of factors in the performance of the share price. When a stock is being shorted this heavily I tend to ignore the chart. It's only indicative of a much smaller set of people's opinions and the reversal spikes from inevitable short squeeze movements can happen way too fast - and the tax implications of being too jerky and reactive need to be considered too.

Galaxy just did your family a big favour.
Show a little thanks and respect for the capable management and the share-holder community here that has put you in that situation.
Charts can change in an instant but good management is the real constant.

A week of huge shorting and Galaxy share price is holding up very well I’d say.
We’re consolidating and building a handy base to attack 70c with the next good news.
One day with over 50% shorts has already seen the price going up and that shows you how close this is to another major short squeeze event if they keep trying it on when we have some rich accumulators.
This time they don't have the over-supply argument to help them. And the investors have record pricing and shipments to track.

Good old famously overly reactive Aussie Bulls say stay long this time.
Broker recommendations still maintain buy recommendations and higher sp targets.
Conservative Canaccord have upgraded us to 80c on their prediction that SDV will see a deal done in Q1.

Plus - there is mention of JB DFS beginning work much earlier.
My ichimoku chart shows the sp still in bullish territory.
You yourself were wrong last week about price direction and you conceded that - so your charts are not infallible even though you get very certain about what they tell you.

On Friday we were 62.5c.
Now, 40m(!) shorts later we're still at 62.5c. What does that tell you?

Give it a rest mate.
Mixing personal desire for a bargain buy-in with a mash of technicals and a little random copy and paste isn’t really that credible or specific analysis of Galaxy’s situation.

You may be right and you may be wrong with what happens this Friday but the “bigger picture” you’re talking about is that it’s going to take a fair while before any other oz company is in Galaxy’s current position. And until that happens, then share-holders in this company have a stake in an operation that is effectively de-risked with a lot of further upside to look forward to over the next year as work and deals proceed with the next 2 assets.

I’d suggest that you should make peace with your own decision to sell and not make the mistake that others make - lingering around the door like this in long goodbye mode.

Good Luck with your family and your next investment decisions.