RE:RE:RE:Understanding how market works Marian1983 wrote: Ok, I will ask you personally!
Do you understand how this works?
if you do just give me example please.
I think you do not know what I am talking about.
Thanks!
Nili is down because there is a lithium glut on the market. Lithium was selling at $85 000 per ton 1 year ago and now it's at $16 000 per ton. Some analysts predict it will take a few years for this glut to play itself through. As such ALL lithium players including large caps are taking a beating. Nili has great assets but the present environment won't allow them to benefit from it. This is a buy and hold opportunity but the question becomes "at what price". I bought some more last week and intend to buy more at the .40 level. Then I will forget about it for the next year or so.