Two competing forces: Fed vs Electrification Cypress is caught in a tug of war between the macro forces of the Fed raising rates and unwinding the balance sheet and the unstoppable switch to electrifying transportation. The commodity boom is just in the early innings. With the big news of the pilot plant results leaving a little void in company news the macro picture may depress the share price for a bit. Until the expected water rights court case is determined (all signs pointing to it being positive for Cypress) and the final step of getting to battery grade lithium end product gains may be slow coming for the next qtr.
IMO this may be the final chance to get shares on the cheap. Cypress picked up a second buy recommendation today. Word is starting to spread. It is only a matter of time. Assuming the FS hits the year end dead line this Q2 of 2022 is the last little bit to wait out. Be right. Sit tight and hold until that FS sets this company on fire.