By - AutoModerator
K, I gotta fool proof plan:
1. Dump SYA
2. Endure this colonoscopy without anaesthetic
3. Buy the dip in non dog stocks
In all seriousness, it seems like lots of the boomer radio stations are pushing this narrative for getting out of lithium. The Goldman's sack article seems pretty sus, as do the African mines, I do want to look a but more into the Argentina fixing prices news though.
Have an honest theory that Jello gets hell quiet when he’s in #shortingmode.
The other possibility being that he has a life, but that thought is beyond obscure
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[ALL YOUR PORTFOLIOS ARE BELONG TO US](https://i.imgur.com/O2FTXO5.png)
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With the Fed unwinding and the US govt needing a new bagholder for US treasuries, couldn't tether be used to force buy treasuries? couldn't you to pile shitloads of dollars into tether, forcing it to up its reserves with treasuries, then do a run on tether before the treasuries it bought mature.
Not really sure how exactly, I'm not a smooth brain but it is upside down inside my skull and I'm pretty sure something along these lines fits the narrative.
also, anyone else's boomer stocks doing well? I'm gunna use my divvies to go to a bob dylan concert or somethign in honor of them.
Been sitting in the sidelines for many months now.
Should I start buying up lithium shares? I'm horny for LTR, PLS and LKE. Thoughts?
Might see a small rally on open but I’ll wait a week.
That's actually my plan. Wait either next week or when the market drops another 20%.
Something big is gonna happen. I can feel it from my testies
Actually getting blue balls on Li.
Today was as good as any other day. Majority of my 30 ev related watchlist were -10%+
CEL maiden resource today, upwards of 2Moz AuEq. Not a bad opening gambit and looks like a pretty good jumping off point. Still a lot of gold to be found and good potential to grow further.
Don't like some of the assumptions they've used in generating their pit shells etc though - $2/t mining costs and $10/t processing for that deposit are both way too low imo.
Also looks like they have to move a fair chunk of Argentina just to mine the bloody thing. Strip ratio doesn't look great.
On the plus side, ounces seem robust with respect to increasing cut-off grade, I'd actually prefer they leave a lot of that sub 1g/t shit in the ground and chase an UG operation here. Geology may be a little complex, but grades seem good, and the smaller footprint should be easier to permit than that ugly great series of pits they are proposing
Listening to GnR ‘get in the ring’ to prepare me for another MAY beating tomorrow
Where did they get this new target depth from? Old imagery shows way shallower target
shallower target depth is better in general, right?
Well yes and no, shallower generally heavier oil but easier to drill and cheaper. It’s more why the change in target with no explanation. AP is known for bizarre announcements leaving a lot of questions
‘and thus the source of oil, for the shallow Motembo oil field discovered in the late 19th century that reportedly contained a very light oil’ this was from the Ann.
So they’re drilling deeper for potentially lighter oil is how I read it, on the bigger picture I think sentiment is pretty weak at the moment and I reckon the next month will be tough. Personally I’ll be holding as I still believe the risk/reward is still there and I’m a degenerate gambler, my only advice would be to stay away from HC that place will wreck your mind from all the various theories.
FMG is a fkn chad
me taking a massive chunk of money out of FMG putting it in MAY and other species - worst trading decision I've made.
Any physicists in here know how to build a portable nuclear bomb and wanna send it to Goldman HQ 👍
+$655 on the dip buy today. Retard strength stronk
Down 4% with no lithium exposure, none of the upside all the downside
People selling the good shit to "buy the dip" on the dumb shit
gonna shank the cunt who posted the Lithium prices will fall in GS with a sausage roll when i get off work tonight.
Down 0.56% today, not too bad. Dow future is green tho. Plz let this be the bottom.
ROG you dead dog.
Looks like the news of BYD buying African lithium mines might have sent that shockwave around. It covers BYD lithium’s requirements for the next 10 years.
If anyone wants a read of it - already translated
*BYD will no longer have to "skill a woman to cook without rice" in the next ten years*
-300K today, -10% due to lithium 🩸
I will wipe my 10k tears away and leave you alone 🥺
And gets a flair too? The system it rigged…
What a weapon, there is some big swinging dicks on here.
To loose that much u will rival u/rude_jello that's a big call.
\-$100k today. A lot of pain from one report.
I think GS is partially right, we will see the drop off, but I think they are betting on recession impacting car/battery sales.
Righto u/_ecash proof or ban has been called.
We do try to keep it out of the daily discussion threads but i feel it is warranted in this case.
Post a link in the comments, pm me or send via modmail. Remember to black out any personal info.
How do I msg you
Click on my username and hit start chat.
Welcome to the sub, make big boy claims about portfolio size people usually want proof 🤌🏻
Note: if it wasn’t me asking, it’d be the next degenerate
Sir this is -42k, not the -300k promised
Mate you belong here with your lack of basic math skills 🤣
“Fed Won't Raise Rates Until 2025, Goldman Sachs Predicts - Forbes
31 Aug 2020”
Goldman Sacks because they’re sacked all common sense a couple years ago
GS predicted the last Lithium downturn successfully.
Probs because they caused it lol
They predicted 17 of the last 2 recessions correctly. Gotta hand it to them.
Up 1.3% cause of AR1 doing another 10%, rest of the portfolio is bleeding, wish I could just sell it all and put it on AR1
Oof. CXO down 20% and FFX down 13.5%.
Rough day at the office. Overall 11.6% down.
13.55% here. But nothing can convince me not to hold. Lithium is buying me a new house in 2027!
AVZ holders rejoice, for now.
Down $20k today. Ouch.
IOU dropping a shit update... you still hodling this dog? I'm like almost 90% down now
Yep. At this point my plan is to use it to reduce CGT next financial year, if it’s still in the red.
My lithium heavy port down 8% today but my old 18c order for SYA executed. Even if there’s more pain tomorrow I’m still happy with the buy long term.
Down nearly 18% / 40k
so far my worst day
Fuck, are you basically all in PLS / CXO?
CXO,SYA,AZL and RNU.
AVZ too but that didn't count for anything today.
Back to pubg
This Mr Sachs seems like a real jerk.
even worse when he tag- teams with his boyfriend Goldman
u/mcfucking what is my ban bet again?
[Upgraded to 4 months here](https://www.reddit.com/r/ASX_Bets/comments/ss4ez0/premarket_thread_for_general_trading_and_plans/hww7l65?utm_medium=android_app&utm_source=share&context=3)
Edit: links are switcharooed too lazy to change 👍
Hmmm 10 cents off... I will be very surprised if I pull this off
ASX was literally green today lmao
Down 8%. I think it's my biggest one day loss yet.
I hope Beagle doesn’t have wifi in Europe today 😂
Just sat down for my morning shit and opened my phone. Not what you want to see while you’re laying cable. Having said that, i’ll probably be looking at some italian titties in an hour or so. The ebbs and flows of life….
Beagle: "[Italian titties](https://i.dailymail.co.uk/i/pix/2013/03/28/article-2300367-18F95460000005DC-105_306x423.jpg)"
They checked this morning and saw the announcement, but hopefully they "forget" to check the portfolio at the end of the day
LOOK AT ALL THESE POO'S I HAVE IN MY MOUTH!
*NUNG NUNG NUNG*
I’m down 11k today mate
If it makes you feel better I'm down $9k today. Biggest daily loss I've ever had... It's all bullshit and if I had spare cash I would be buying today.
Nice one brother! Hope it pays off for you. Fingers crossed you get those business class tickets and a couple of bottles of champagne!
\-4.86% in the end today
Just checked the watchlist and wish I had spare $$ - ASM looks so cheap as just one random example
Getting banned for a while, this’ll be my last comment for quite some time.
Hang in there legends.
DM me if you need help or an obscure Simpsons reference.
(If you’re looking for today’s losses, it’s at Bills house and Fred’s house).
Peace dude ✌️
You'll not be banned until the next bans post
Thx, just won’t be around to comment in general, then I’m banned. ✌🏼
Once heard don't buy what goldman recommends, buy what they buy... seems true
Fuck you GS you can suck my dick
At least I got a cheap lil top up on VML and TLG today.
Love the fact that my double or nothing ban bet on XAO being green today has paid off.🤙
Sad that my PF is red amidst this risk off environment🤡
Dang I lost 5%.
I'm sorry for you guys who got hurt more.
Still 20% green on last year.
So that now marks my worst day ever on the ASX RIP
Worst, so far
Also my worst ever
DW8 @ 52 week low 2.2c
Hopium is as high as ever over at HC, anyone talking about the inevitable cap raise is called a troll.
My guesstimates put it at around 1.5 quarters of cash remaining. With current burn rate @ $3-4m.
With a market cap of $66m it would mean they would be looking at \~20% dilution just to have cash to push them along for another 6 months. Low 1c range incoming.
Someone tell me how they don't end up de-listed? Surely the hopium has to give out on this one eventually.
BARRY YOU FUCKING DOGGGG
He actually took pity on me
I’m only fucking around I’m still in profit slightly.
Hope nasdaq does something inspiring
We need to form a new gang since Lithium gang is fuk and Uranium gang is fuk.
What shall it be….Biotech gang??
cxl? how you doing u/Banana414?
Sold for about 2k profit ages ago, only to yolo into something else thats fucking tanking now.
I dont dare look at the cxl price now. 😎🔫
Could I interest you in micro aviation engine maintenance gang? No? What about Family business AV supplier gang? Still a no? I'll see myself out...
Lol u talking drones?
Nope, one of my stonks just fixes engines on light aircraft
Lithium gang now knows what it’s like to be a biotech gang member. Today for lithium is all year for the biotech boys
It’s so sad but we will rise
We have now all been initiated
Oil, Gas n Coal Gang.. I'm afraid that's where the monies heading..
sure if we’re into buying at ATH? Wait, of course we are
GLV ain't at the top & the rotatory lie detector will tell all within next few days.
Biotech gang is already fuk
Thats why its time
boomer banks & supermarkets gang
we spend our days playing checkers at the retirement home, get on it 🚀🚀🚀
I have looked at the banks but havent they done fuck all too?
>We need to form a new gang
Dogstock gang! .... got plenty of them
Happy for the gang to pump up my biotech portfolio
Edit: god knows it needs it right now
I’m glad this report didn’t mention anything about Graphite.. or did it? I didn’t read it
Stairs up but elevator down
7.5% down today, thanks Bloody Mary for the fisting.
Bought in on AVL today hopefully this donkey leads me to a pot of gold
I thought only my ex could hurt me like that.
it's still good, it's still good
What happened to PLS/lithium? - i owned them like 6 months ago and sold before it popped off to $4 :( haven't followed them much to keep my sanity and tears back.
No clue dude, there hasn’t been much talk of it either……
Could news.com.au stop posting fucking sensationalist headlines and crashing our economy.
Labor won and the Newscorp across-the-board tantrum is going to continue for quite sometime.
Then they'll blame Labor for "our shitty economy".
labor is always left holding the bag, that's how it works. that's why dutton is scary.
Biden is scarier. At least Albo is cognitively functional. Still the worst is yet to come. US recession looks pretty certain.
it's just a little worst portfolio day ever, it's still good, it's still good 🐖
Just a cheeky -$40,000
It's still good it's still good
Jeez, I thought -2k was bad enough
Sell in May and go away.
Sell in June and go away?
Wen come back from going away?
If last year was any indication it was around last august
Still to soon, to look in June
MAN is up today in a sea of red. Classic dog.
Where da NVX $12 gang at?
Shit it kept going down huh? I hadn't checked in ages... feeling great about selling at 9.65 now
More importantly, where’s the dude who sold it all at $12.30 and copped some initial heat. Vindicaaaaaatiioooooon.
He’s in his Lambo with “chad” number plates
My sentiment that BHP/FMG are commodity goats grows stronger and stronger each month.
Another green as fuck day for these bad boys when everyone else shitting the bed.
Does anyone have more than $50,000 (as a cash basis) on PLS?
Yep sadly (right now its sadly anyway)
70k shares, so down $100k since Jan... fark!!!
I just bought in last week at 2.9 bucks….lol.
Bought at which price though? (Edit: didnt see your edit)
Regardless, PLS is one of my safest holdings. It ain’t going anywhere any time soon. Just an exaggerated reported and retarded short term holders. Amazing buying opportunity, however, because you just know it will be green tomorrow.
Yeah, agree with you, so does u/w-j1m/
PLS, SYA and CXO… fucking wrecked me… pain is unreal. Been a very very rough couple months. Hope all you lithium autists are doing okay! 💪
Same for me too and a majority of us judging from the comments. But this ain't new, prices will rebound from these types of events as good news start to flow from the company over the next year. May not see crazy jumps but it's at an upward trajectory
How is it still going down?!
Thats what he said
Welcome to loss sell off season.
Have a look at the daily chart from September 2021.
Huge buying volume day, 250m+ units at around $2.10...
Instos pumped it to $3.90 and then went short imo.
Today's volume still not 200m units
Scroll back further to March 2021 and there was another big buying day of 150m+ shares at around $1.08
Today's the first big sell volume day. More to come imo
Finally picked up a packet of PLS at 2.310, 20% down on no news is about as good a buying chance as it gets
There's good news out. There's an announcement just now. Hopefully we see a swing back. Depending on how long you're willing to wait, it's good buying I think.
Yeah I saw that, meant it was down 20% before that and it's still holding since. Smells like a bounce tomorrow
Slow build up but I got there, worst day so far. 9% down.
Is today your first day?
Over 2 years in.
PLS makes announcement of binding MoU with Calix.
Market: fuck you i give you more red!
I’ve been having buy alerts pinging all day. Makes me feel like I have friends.
We'll be your friend, frend
Thx frend 😍
/u/HeiPando I think you wanted PLS at $2.28 not too long ago, here's your chance.
Tempted to buy at least 30% now.
PLS ~ *I can go lower…*
Yeh I jumped in way too early
Fucking stock market. As soon as the war, inflation, futures, yesterdays futures, drill results, elections, China opening back up, and demand for products look more sorted. Got to now worry about new bullshit reports from investment firms that seem to have fucked my portfolio even more than above mentioned issues.
Remember yesterday. Fuck that was sick.
thinking about when we ate the poo poo, not today when we eat the poo poo.
In a sea of red today my absolute best performer exceeding all expectations……AVZ
Almost 3x the activity on PLS than commbank and BHP.. I mean prices were getting ridiculous .. they were huge. But they’re sort of going to stay that way minimum for 3 years.
Something fishier going on
Of all fucking dogs, TMZ is up today.
CXO down 20%, surely that will bounce later this week
There'll be a correction soon, how much though is anyone's guess
fuckkk thats wild..
Fuck man she is still falling too
Goodbye yesterdays gains 👋
Has anyone even tried to shake a tree? It's not easy especially for the big ones. I can't even move the trunk. So it's obvious that instos are some race of Übermensch and we're all just peasants. Thanks for coming to my TED talk.
I feel like you've never actually shaken a tree before irl. You gotta get up near the branches and shake em, like climb up into da tree. it's not a trunk thing
You don't shake it from the bottom i.e. near the hole you crawl out of each morning. You need to do it from the top. Instos have it much easier they can just hover over the top in their choppers.
not true they grab the base https://imgur.com/a/2RTLCLW
Ok I don’t know what to believe anymore.
Holy shit I’ve never thought of it like this. I need to stop drinking the bath water my lithium stocks are in.
Nearly lost 10% and it's not over yet
Bet AVZ people are chuff right now
Would be chuff if i had my AVZ refund
Just hit -5.30% as we head towards the final stretch of the day.... ho hum, normal day waiting for the gains to return and stay, but this is the 🦘 market
Yup im down over 5% today. Getting a good solid rogering!
I mean fuck Lithium I never liked her anyway.
You shut your dirty mouth about my bff you fuck. ❤️
Suck me beautiful