OTCQX:NTTHF - Post by User
Post by
neoscepticon Feb 23, 2021 2:19pm
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Post# 32638425
Tesla shares sunk and drug down entire sector
Tesla shares sunk and drug down entire sectorCannot wait when Li industry start behave like an industry, not Tesla's extension..
Tesla was overpriced, using classic methods (163X earnings), but growth was / is surely impressive.
Technically, Li miners should be more in correlation with production (hense Li consumption) not share prices or valuations of manufacturers, never mind single manufacturer (though some inidirect connections exist), but we live in time of extra nervous and not always logical market.
What is more important is that the large inventories that were accumulating during surplus time are slowly depleting (do not remember the source..).