The good time to buy a cyclical stock? In the low part of the cycle.
Where is Lithium? In a very low point in the low part of the cycle. The lowest? Just time will tell you that.
There is no trick: buy low and sell high, yet simple but hard to implement it, when you see all this bad sentiment around, the negative news, etc... is hard to buy. When you see things sky rocketing, usually id to late.... so enter at a good point in a solid business, and hold on.
I bought at 0.86 1.5 years ago and doubled @ 50c in July. No worried at all, of course I don't like being 50% under water, but the value is still there just waiting to be realized by the market, so SP is just presenting buy opportunities.
Good luck to everyone long and shorts.
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Last
$2.48 |
Change
-0.105(4.07%) |
Mkt cap ! $7.513B |
Open | High | Low | Value | Volume |
$2.57 | $2.60 | $2.47 | $29.30M | 11.58M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 205791 | $2.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.48 | 231175 | 100 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
43 | 196370 | 2.480 |
33 | 398628 | 2.470 |
38 | 216623 | 2.460 |
61 | 450279 | 2.450 |
7 | 44760 | 2.440 |
Price($) | Vol. | No. |
---|---|---|
2.490 | 352498 | 69 |
2.500 | 268430 | 45 |
2.510 | 233490 | 24 |
2.520 | 213148 | 22 |
2.530 | 266225 | 11 |
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