Added more today at .375 cents - price is a GIFT....On June 24, 2024 the capital gains tax rises from 50% to 66.66% for corporations and individuals making over $ 250,000 per year.
These is selling pressure from banks and institutions who want to lock in profits at the lower capital gains rate.
Once we pass June 24th, these same sellers will be buyers of the stocks having locked in a cheaper capital gains tax rate.
I am taking advantage of this temporary negative catalyst to add to my position DAILY.
Add more today, had added the day before and will continue to add tomorrow and next week. A certain amount each day. I usually pay the ASK price as I do not have the patience to wait one whole day for trade to be confirmed so that I save a penny.
With lithium stocks getting crushed, only those with tangible valuable assets will resurface to NEW HIGHS. I am counting on NILI.
Good Luck to Everyone,