Making statements and moving marketsI am certainly not going to play in the cesspool of conspiracy theories. But I will say that when a major house like Morgan Stanley puts out a report like that they know full well what's going to happen the next day. They know full well that they will cause the price to move on many lithium miners as well as on the future's price for lithium.
They also know that their forecast is based on assumptions that are potentially well intentioned, but always incomplete. They also know that they have many clients who are invested in lithium or who want to invest in lithium. They also know that it serves them well to time their purchases or sales or that of their clients to coincide with drops and prices. So they control both the hammer and the nail.
The fact that they're able to command such an audience and get the results of their reports published with a headline that is obviously going to be well read and investor grade clickbait because it goes against the popular wisdom...in fact the actual wisdom... that lithium is going to be an incredibly high demand for the foreseeable future.
It is market manipulation done in plain sight. And they can come out with research very soon after that essentially says the opposite and nobody seems to bat an eye.
Not unlike when a certain entrepreneurial genius decides to spout off some whimsical idea on Twitter and can cause share prices to move in ways that make the SEC take notice. Except in this case, it's an investment house with a research and analysis arm and it all seems very, very legitimate and credible and objective.
Unfortunately as long as the research agency and the investment house share the same name, probably the same address, and the same ultimate motivation of delivering shareholder value, you can only imagine the potential for collusion and at best convenient timing of activities.
Rant over
still Hopin