RE:Keep Your FAT Shareswarrior70 wrote: FAT investors wondering what to do right now: Don't do a thing except maybe buy more FAT and go have a good workout.
Why? because trading houses and market pros are using this little bond market rout to panic the market, create volatility, force stop loss orders, and cover their short positions before the next leg up.
This certainly isn't the "big one". That crash is at least 5 years away.
Nothing has changed, the US economy is full steam ahead, corporate profits are excellent, interest rates are still low, the yield curve is not inverted, credit is still good, and there is $1 Trillion coming back in Q1 and Q2 to the US market that needs to be deployed.
If anything, this little correction is going to extend even further an already extended bull market and create opportunities for that repatriated money to make significant gains. This is simply the financial elites deliberately setting up the market to accept their new money via engineered sell-offs using shorting mechanisms that trigger stop loss activity.
So the party's definitely still on unless you take the bait and sell only to have acute sellers remorse in a short time when things have normalized.
Many equities were overvalued and needed to come back to reality, FAT is NOT one of those IMO, but many who are in weed and crypto are also in FAT so they have been hit where it hurts, They're lightweight investors that panic, hence FAT gets sold off a bit.
Big Bird was right all along whether he knows it or not. The next few months will be huge for FAT.
So sit tight, the worst is likely over for FAT and lithium is still an absolute top priority for several industries. This thing will be back over a buck again sooner than you think.
Exactly sit back and take advantage of the cheap shares. As others have said, lithium got a couple week head start with the correction whereas MJ just felt the pain the last couple of days. The worst for lithium is over. 0.45 was the bottom for fat. I’m not saying it’s going to go directly up but it will eventually get back to $1. We were first to correct and will be the first sector to bounce upwards also