RE:RE:Bloomberg view of LI marketChrisGuinness wrote:
Thanks. Been watching this sector since selling out near the top of the last lithium/ev hype-boom.
After most lemmings got washed out and took their losses, it may ineed be time for astute buyers and holders to enjoy another, perhaps even greater leg up in the sector,
Bought some AAL this morning, slowly adding to other names. Suggestions welcome. Keeping a close watch on recent Livent (LTHM) IPO.
Major overhand is that global markets are starting the next leg down in what will be a massive long-term bear market, and Tesla going under could affect many in the EV/battery space.
GLTA!
Hi Chris, I recognize you from the GTT board. AAL is one of my lithium picks too, I will be back in this week with a re-starter after my stop was hit a while ago. My other lithium picks that you may want to look at (since you asked) are NLC, NMX, LAC, and PLLL (nasdaq). I like the upside on the developers like AAL/NLC/PLLL and the two funded companies are trading way too cheap compared to NPVs.
I live in Southern Ontario and every day on my drive to work I am seeing more Volts, Teslas, Ioniqs etc. It will happen for these companies, but I do recommend avoiding any that are earlier stage than PEA/FS, they may be left out in the cold.
Not advice, GL
N2