RE:A couple of possibilities for next week@wilwal thanks for sharing from experience. I think what Nextview is trying to do is save on the interest for the loan. What is reassuring is they have a plan B wich is draw-down on it's funding commitment from Tibet Summmit in order to fund the arrangement no later then March 9. Losing 20 millions dollars is not their best interest so they will manage to close it.
Also you mention about Morgan or other bank warning about lithium supply and demand.....it's alway funny to see fear affecting the investors but hey this is an effective way to influence the game! Traders who invest based on reports and fundamentals data could be disapointed. I like the way Mr. Buffet invested back then, he bought under valued stock while everyone was in panic mode and who cares if one broker told this or another bank was saying that....at the end you need to take clear decision and not based on emotion or affected by news noise or worst be affected by Mr. Market.
Right now the market lost a little more then 1000 points since the recent top so it's normal the stocks are affected. I don't see a big pullback in lithium price so again it's a game, whoever see it clear in this will win.
That why I try to keep some cash or liquidate a portion of another position to have cash to buy on opportunity where people are just giving up their shares because they get so influenced by anything and fear is my friend and I being doing this for a long time now so I know the drill lollll
Last point, for the ones who like data info....look at the last short volume on LIX....enjoy :-)
Cheers