Year 2024 is ACCUMULATION YEAR of NILI by investorsYear 2024 is shaping up to be an ACCUMULATION year for NILI by investors of its shares.
Year 2025 will be a RALLY year as they will be drilling 80 holes but for this year I think it is an ACCUMULATION year.
What this means is that you put a rally out of focus for year 2024 and simply average down on NILI.
If NILI remains on special discounted prices or even gets cheaper then use price to average down your cost and load up on shares. It might be like this all of 2024. It will allow you to accumulate a MASSIVE POSITION.
Year 2025 will be a rally year and that boatload of shares you will have accumulated in 2024 will reap you significant PROFITS.
There are those that read the tea leaves of supply versus demand in EV sector.
This is wrong analogy to use.
EV are being legislated into existence, much like the cars were forced onto the market making chariot horses extinct. It does not matter what you think of demand because governments around the world are FORCING people through laws to own an EV. There is no consumer choice. You either buy EV or you walk.
It is for this reason that I have loaded up on NILI because of the government legislation.
I understand there are some who think that maybe TRUMP will stop the EV revolution or laws in place. TRUMP is big talk but little on action. Just like the border crisis or health care, etc.... He will do little to nothing to stop EV adoption. Once he is in, he will say they have no choice but to continue with EV.
Good Luck,