Post by
HuntNGather on Apr 05, 2022 11:11am
Huh? The animal has to breathe...
If you believed for the last 3 days why would you think any differently today.
Even the best stocks do it. Breathe in, breathe out...
What is happening?
Some disciplined folks are taking their profits and following their plan. Good for them. They are smart and following a strategy and that takes guts and will.
There is perhaps a little skittishness among those of us who remember the many ups and downs and they are not taking profit but rather are expecing a drop (and in doing so creating a drop).
Could be that there is some gamesmanship going on to shake the tree and the faith.
Could be any any number of weird news/global/political variables that are fly-by-night.
But if you think that there is less appetite for lithium today than there was yesterday then you are wrong.
If you are going to have a fit over one down day then you have come to the WRONG place Newcomer.
Comment by
Wheeler on Apr 05, 2022 11:22am
I would also add that there is currently a larger than usual short position here that needs to be covered, I'm thinking it came in around the 1.40 -1.50 mark, so there are probally a few traders that are walking the price down in order to cover without too great a loss.
Comment by
Rinny1 on Apr 05, 2022 12:36pm
Anonymous pushing the price down today every time it's up there selling into the bid
Comment by
Shaynef on Apr 05, 2022 4:31pm
Ended the day with a 7 cent split on Bid/Ask. M.M.'s having some fun at our expense.