Randomly sold WES. Take 20% profit and a couple of years of divs.
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Lithium stinking it up big time
Growth forecasts slashed and their efforts to grow the population haven't worked.Anybody here watch China?
Are we on the edge of something big?
Exactly.Growth forecasts slashed and their efforts to grow the population haven't worked.
Xi has big issues to overcome and if China sneezes, the world catches a cold.
Not panic but now after the big LTR setback we are starting to see the first signs of real fear in the lithium space.I'm still watching CXO for a bottom in the second half of 2024.
It should be an easy(ish) kind of spot when the big money starts flowing back in - CXO is one of the most shorted stocks on the ASX so when the big players start covering those shorts that should provide a decent entry signal.Not panic but now after the big LTR setback we are starting to see the first signs of real fear in the lithium space.
When going bottom feeding I just slowly average into stuff, not clever enough to time it at once and don't like ploughing into positions quickly either anyway.It should be an easy(ish) kind of spot when the big money starts flowing back in - CXO is one of the most shorted stocks on the ASX so when the big players start covering those shorts that should provide a decent entry signal.
I missed it in the mid $1.20s, kicked myself as it went up to the $1.80ish mark, then watched it from the sidelines all the way down to current levels .
Anybody here watch China?
Are we on the edge of something big?
Bought $500 of DOUUGH @ 35c. It’s SP is now .004c…AIS is easily the biggest dog I've owned, hasn't had a quarterly that wasn't disappointing through to just awful in over 2 years.
RVR went bust but at least there was some periods of time where they were going well.
And yet another like an hour after I posted this...AIS is easily the biggest dog I've owned, hasn't had a quarterly that wasn't disappointing through to just awful in over 2 years.