OTCQX:AVLIF - Post by User
Comment by
Coffeeinvestingon Jun 27, 2018 9:13am
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Post# 28235264
RE:Stock Price bleeding day by day
RE:Stock Price bleeding day by dayThe lithium market is prone to bear and bull cycles because it is speculative in nature, if you want an example look at ORL.TO’s 5 year chart as an example. Considering there has been recent negative sentiment coming from Morgan Stanley, coupled with the general economic concerns and raising interest rates, I can only assume there will be more sideways trading for a while, and we’re definitely in a bear cycle.
What you’re investing in is 1) solid resource in a proven basin, 2) technical partner, 3) fully cashed up, 4) lowest side of the cost curve, which will have great margins, and 5) the beginning of a larger secular trend to move to EV’s (+250 Bn have been committed, trust me auto manufactures will want to see return from their investment).
Like the old saying goes, buy low and sell high. Due to fear, now is the time to buy.