I honestly don't get this sentiment against opposing opinions.
i am long on GXY, but I still appreciate the comments of people like asb. Even if you think he/she is wrong, their comments gives ample opportunity to counter it.
i can't see it going below 1.90, but if he/she have now covered they've made a good trade. There are still risks with relation to profitability on the spod side (with POSSIBLE spod price falls) and project delivery on the brine side, and they've used them to correctly judge the price movement.
And this constant assessment that negative comments on HC have resulted in the SP fall is rubbish. No retail investor comment is going to push a share down that low, certainly not with an orchestra of HC providing counter arguments. And to be honest, if a retail investor takes on their comment and sells before a SP jump, how is that any worse than someone praising a stock whilst it loses 20-30%?
People shouldn't be so one eyed with this stuff. It's about making money (or losing it so far in my case!), nothing else. And for the moral crusaders, sure it may help with global warming, but that boats halfway out of port by now anyway. I have no doubt that both brine and spod will end up decimating the lands around which they are mined, whilst we will probably end up with lithium destruction of water ways at some point.
what do you think the average age of a HC poster is? 30? 40? 50? You'd think we could have intellectual debates without the need for complete partisan positions. Then again, looking at democracy around the world, maybe that's where the western world is at these days.
if the price rises sharply I'll be celebrating because I will have made some money, not because some poor retail investor has lost their shirt on a bad short trade. Forget that sentiment for institutional funds, I'm happy for them to lose the lot.
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