GREY:NMKEF - Post by User
Comment by
Cocorockon Nov 03, 2016 7:53pm
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Post# 25422724
RE:RE:greed an fear
RE:RE:greed an fearsnowys1 wrote: Yes you're right. I've been greedy for not selling at 1,97$ when I had the oppurtinity.. I was in since september 2015 at 0,40$.
But you have to realize now that lithium is not going the right way. Expectation of electric car has gone down, tesla is down.
And everyone know that NMX is never gonna be able to finance that 500 milions... time to be realistic this may go back to 1,40-1,50 but the risk for reward isn't worth it anymore. Juste watch it crash as soon as they announce delay or more dilutive financing.. even with good news it crash so imagine the effect of just one bad news.
I'm out so I don't care anymore if I can just help one investor to save his investment with that message it will be good. Time to moove on.
I think no matter who win the elections in USA the big market for EV will be China and India and they will need a lot of batteries.
In the short term (next two years) lithium supply will rise at a lower rate than the electric car production (demand) because all big car manufacturers are working at full speed to have a good EV model ready, and due to the huge car industry infrastructure that exist, experience and the support from the governments in several countries it will increase exponentially.