Club Mulgoa

Monday, September 11, 2017

Lithium

China and a few other countries have or are going to set a deadline for the end of fossil fuel car engines.  Currently there isn't enough lithium to make the batteries for those cars.  Hence, there has been a surge in investors' appetite for lithium stocks.

Incredibly, idiots have been sucked into short-selling of ORE with people manipulating the market.  Pity I only discovered it after ORE recovered otherwise I would have topped up my holding.  Toyota is in cahoot with ORE for its supply of lithium so why should I worry when the share price fell due to false information?

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