RE: PLL and others30 Jun 2022 12:28
Senderos, watching LLL for comparison, a company that IPO'd 7 days ago is not really great advice.
I want ALL to do well but I avoid being delusional about what is in front of my eyes, which is a downward trend, as I said earlier in this thread. I'm just a realist. Look at the chart, be honest with yourself, it wasn't a rebound, it was a dead cat bounce.
The whole market is being pushed down. The broad economy is tanking so the big investors and big companies are making sure they protect cash flow, and take every opportunity to pull cash out of investments in profit. This is making for choppy markets.
Eventually ALL will prevail. Be interesting to see where the big buyers step in here and decide to turn things around. You can watch any of the big lithium stocks, as no doubt they'll all turn at the same time. I don't think we're there just yet. finger crossed its soon, but nothing is impossible in this climate