Great movement and volume today for sure...i wish agoracom had a voting option. Why the big run in LAC today?
- Bangchak announced they only hold 500k shares of LAC now and are close to or completely done selling
- Mutiple articles reporting that Apple is getting into the EV car and battery business
- The new $900B stimulus bill includes lots of green energy funding/provisions including credits for certain zero emission vehicles and EV charging stations
- Lithium prices in China have finally stabilized and have slightly started to rise the past few weeks
- The market overall is finally waking up to the EV battery and Lithium potential thanks to QS and their incredible run. I convinced my wife to buy this stock at $13.70. I never short stocks but I don't know how anyone could invest in QS at anything above $35 or so
- All the future LAC stock catalysts that we all know about
What does everyone else think?
WB