$Albemarle(ALB)$ come back kid... Lithium, copper, silver... If AI is really to take off, robots, data centre, even space venture, can't do without the raw materials to build satellite and space stations. Sure, you can keep your reusable rocket 🚀, $SpaceX(SPCX)$ , I would like you to try getting to Mars without these resources... You are competing with those earthlings data centre on power supply alone. If miners run out of stock, they run out... and those useable rockets are as good as dinosaurs 🦖🦕... Good for museum displays, anyone? [Tongue] [Chuckle] [Evil]
Elon Musk did pull off a massive IPO and he's now an official trillionaire... I had thrown in a massive 50% first day close. I was a little optimistic. Not that I like SpaceX or would invest in it. The simple fact remains that there's simply lack in shares supply in the market, with less than 10% free float, or simply 5% or less. Elon has created an intangible condition for market participants to short the company shares! Anyway, this is a topic for another day...
I will stay with my essential raw materials in this "futuristic" world. One day market will catch on...
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- MariaEvelina·06-15 20:33Supply squeeze is the whole point lol. ALB over rockets for me — if lithium stays tight, who’s shorting miners here?LikeReport