Surge Battery Metals Inc. V.NILI

Fund Manager: NILI has SPECTACULAR GRADES

[deepoil0808]

https://twitter.com/MiningStockEdu/status/1745482200429039769?t=ksXmjjEvvPrc1DsyAizmzQ&s=19

FUND Manager says, NILI has SPECTACULAR GRDES and lithium to do well in 2024

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Fund managers listen to each other.   When one turns very bullish, the rest of the stampede will follow.   In 2024, we should be trading in the multiple $$$ range.

I think that management could be in preliminary discussions with some majors as they await the MRE report.   

Logical buyout should come from Tesla to ensure that it has 1st priority on battery and steady supply.   If they spent $ 44 billion on Twitter, buying out NILI for $ 1 billion would be like buying out for a breadcrumbs price tag.   

Good Luck, 

[sylvain_007]

Returning gradually over 1 $

[quark_1]

There is also a spectacular oversupply of lithium. 

[deepoil0808]

Ya right, according to what?    Chinese date?   And you expect investors from Canada and U.S.A. to believe this data, when they are in opposition to our interests. Good Luck, if that is what you believe. Truth is:   data is manipulated or released in a way that serves their purpose.   There is a lithium short supply.   World needs 800 billion

[Loughatorick]

There is a glut of lithium now. The high initial demand in 2023 spurred exploration and existing producers expanded their operations. In 2024, rate of EV demand slowing and more supply coming to the market, hence decrease in commodity price. Surge is still determining the size of their resource and mining will not start for many years. In 2030, EV  production is slated to be running at full

[Chefboy69]

Also to add to your point investor money is at all time low flooring into Toronto Stock Venture stocks. The TSX Venture is at all time lows in volume and dollar value. A lot of investors realize that it's just a money pit and the only people that make money from these kinds of stocks are day Traders and scalpers and they also need each other and group together and use algorithms to move them

[deepoil0808]

Again with this BS of algorithims. There is no algorithims on penny stocks nor any short manipulation. What moves the stock is when a big fund or institution either comes in or out. We saw that CELL unloaded 6 million shares.   If each shareholder bought say 10,000 shares each and that is alot, you would need 600 new shareholders or maybe not new shareholders but existing shareholders

[WobblyChart]

So when one sees a buy of, say, 200 shares every 6.5 minutes to the second over a span of several hours, it is a broker or retail buyer sitting with a stopwatch and their finger hovering over the buy button? And why are so many trades rerouted to ATS, particularly small amounts via cross-trading at levels completely available on the open market? 

[Chefboy69]

i have that person on mute...anyone that denies the use of algo's on these stocks deserves to be ignored

[deepoil0808]

So if you have me on mute, how do you know what I said? Algorithims are not going to waste their time on penny stocks. They are for big stocks like tech or banks, etc...and they make money by scalping trades either up or down. You cannot do that with penny stocks.   One big buy order and you go up to $ 5 per share, one big sell order and you trade at 2 cents.  It is impossible

[eng41]

I think you have no idea what you are talking about. Why would anyone, other than computerized trading trade in 500 share orders. Think about it!

[deepoil0808]

Any trading for 500 shares are from widowed seniors whom have nothing to do all day.    This hardly moves the stock.   I know this because I buy and sell in quantities of 100,000 shares each and it is difficult to buy and difficult to sell on what I consider to be a small purchase.  If I were to buy millions it would take me 2 to 3 months to fill it up.  So no

[WobblyChart]

Seniors timing their buys at precise intervals all day long or algorithm with preset buy/sell levels. Occam's Razor seems to not favour your position.

[Goldluck]

Widows?? this post disappoints me.  It shows you are out of your league when it comes to trading.  Forget algorithms, they are pass, think AI.   

[deepoil0808]

The regulators conducted a full scale audit of shorting, naked shorting and algorithims.   Their conclusion was that there was no manipulation or abusive trading.  Movements in price had nothing to do with this. What moves stocks are:  ETF, mutual funds, big position by one investor like Cell and, senior groups of widows whom have money and get together to do some trading.  I

[WobblyChart]

What regulatory report was this? Sounds a bit anecdotal. The proof is right there in terms of biweekly short reports and level 2 ATS activity. Are you aware of these things?

[Exrower]

Actually I wouldn't mind some insight into ATS trading as I have no idea if the platform and who trades on it 

[WobblyChart]

How is it a waste of time for an algorithm? Setting the buy/sell seed order to repeat takes very little effort as, once triggered, it is automated. Keep in mind that we peasant retail buyers cannot engage in shorting under a particular price, but the brokerages can -- and do (if you take the time to look at the number of short positions reports in any penny stock). We also do not have access to