Nov. 28 at 11:17 PM
$ATLX Feels as if this is lagging the growth we’ve seen in the wider lithium sector (ALB, SQM, LAC, SGML, etc)
The previous bullish price action led to a nasty rejection from the
$8 region.
I’m not sure why the market is lagging so much on this ticker but hopefully we get sector-wide bad news, CATL nonsense for example.
If it wicks into
$4.40-4.75 range, I may consider a large buy and if we swing into the 3 range it’s definitely a candidate for a possible full port.
There could be short term +100% gains (think SGML), + long term 6-8x gains (
$30-
$40) iff the long term lithium demand is as underpriced as our thesis expects it may be.
The 30% stake in
$JUPGF is also quite interesting. More research required!!