Member Info for Daz423

Maverick

Im bullish for pfc long term.

But short term price action shows its coming down. 9ma has now gone and last candle support about to. Stop spinning order fill rumours. Its not honest.

Paris

Oneandonly showed lithium price not spodumene... we dont produce lithium. JamesH information is correct.

Watcher

Weve gone from having a reasonable discussion about price action back to your flat earth beliefs

I will leave this here. If your sourcing information from any British news outlets that maybe your problem. Wether you like it or not you will be driving a EV before long. The national flaw demands it.

https://www.iea.org/reports/global-ev-outlook-2023/executive-summary

Another day shorters vs bulls.

9Ma held yesterday but i fear it may give out if news doesn't arrive re restructuring off finances as although i believe they remain liquid. Market and shorters dont agree.

Now look at international statistics.... the uk is a very small amount.

Watcher

Assuming you have taken the time to see the sales of all ev vehicles from major manufacturers and seen they are Yoy increasing sales ?

That's statistical fact not opinion.

Yes.

Lithium is being used Byd and tesla announce record sales. Meaning demand is there. Lithium isnt just about EV its in everything. Its simple supply demand game.

As other mothball the ones remain will be able to capitalise on recovery.

Simply

Supply and demand. I think when EV hype peaked china stocked heavily hense price surge. Lack of mines at the time so they all paid extortionate amount. I believe china has enough supply to manage through until summer.

Watcher

Short term spod price doesn't effect kodal one bit. They are funded and building yes it may effect market sentiment of all lith stocks and the macros may effect kod. But it also means all these other triers with high c1 costs are about to go under.

Thank god BA got the deal done prior.

Theres that short term pain i was on about 🫣

Good thing is now many lith pojects wont be feasible. Where as kodal still is.

Its not just as likley.

10% down today a steep tree shake in the day and near bottom price sold at 0.34. A buy would have cleared at that volume at a far higher price.

Im happy to call a buy like i did with the 1.2mil because it cleared at 0.41 the other day a near whole 3p higher than any trading amount in the day.

Evan

If thats the case it wasnt a short.

2.7mil as a buy is never clearing at days low price. Buy price would be way over ask.

Yeah it was a sell.

Just dont know if PI II or shorters.

Trax

Yes.

Could be. One down six to go.

Sold at 0.34*

This is what I mean we cant compete with this selling pressure from the shorts in the immediate term.

I think its a sell.

Reason being when they are buys they are normally way over the days ask prive in that volume. For example the 1.2mil buy the otherday at 40p was way over days ask.

I suspect that 2.7mil sell was what triggered the sudden drop into tree shake.

Sold it ag 0.37 way under ask if it was a buy it would definitely not be that cheap.

Shorts selling large amounts to clear their holdings closing up ?

OM

Far more sensible post over hold hold hold whilst clearly shorters are pushing it down 😂

Atb

OM

Respectfully although i do enjoy your research based posts.

90% of posters on this board scream hold hold hold did that from £2 yet price action determined it was down trending for sometime.

The hold and buy the dip tactic is dangerous.

Some probably chucked savings in to try bring that average down. I reference iog and copl that were also 'cheap' at 1p.

This is fundamentally far different. But its thought provoking.

The 9ma uptrending support is about to go. Its a grim drop from there.

Note this does NOT reflect long term fundamentals but there is short term pain. Shorts dragging this into 2s.

Lee

We alllllll get spiked in our investing journeys.

It makes no odds.

I was probably one of the only people in history to initially get spiked on GGP im 2017... however didnt sell added at bottom and well... you can imagine how that went for me LTH....