OTCQX:NTTHF - Post by User
Post by
LithiumNPVon May 30, 2019 5:44pm
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Post# 29786760
It Takes At Least 2 Years for NLC to Go Down
It Takes At Least 2 Years for NLC to Go DownLIT took 5 years to go down. NLC has only been going down for a year and a half. We are also told in several reports that the oversupply problem will continue to at least 2025. That was even longer than my expectations. Is it any wonder why NLC is going down then? My prediction is without question NLC continues to go down through ALL of 2019 and a good part of 2020. Sometime in 2020 the final bottom is in for NLC even though the market is still oversupplied. I feel sorry for those who have been long all the way down. That's good money that could have been used for a better investment. Like right now I am killing it short lean hogs because demand has dropped 30% in China. African Swine Flu psychologically has caused consumers to stop eating pork even though it does not affect humans. And cold storage is maxed out so that oversupply needs to be worked off. In short, things are not as they seem, which is why lean hogs has a long way down to go in price. The point of bringing this up is to short there are much better investments, short or long, than sitting on dead money.