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US tariff on china goods will have an impact on chinese goods... headache...
1) drilling expenses
2) mining cost
3) low lithium price due to lower demand(car sales in china drop)
For now i do not expect profit in the next 6 minths..
1) drilling expenses
2) mining cost
3) low lithium price due to lower demand(car sales in china drop)
For now i do not expect profit in the next 6 minths..
im out at 0.20 cents happy with the profit.
Ya what's the wave like
Somebody think buy while some think sell
Somebody think buy while some think sell
Long time never see this counter
u want my wave? my tsunami wave?
This counter trending well with ew
u want my wave? my tsunami wave?
This counter trending well with ew
eric998 ( Date: 09-May-2019 13:14) Posted:
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Wow.... alliance lose 10m.... No good news...siao liao
risktaker ( Date: 09-May-2019 10:44) Posted:
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Today and yesterday stye of playing is diffrence
risktaker ( Date: 09-May-2019 15:35) Posted:
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Coming :) bet close 20.5
Sad...no strength liao
need BB level people t o clear the 3 mils each sell Q at 205 and 210.,
eric998 ( Date: 09-May-2019 13:37) Posted:
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will BBs let those who bought at 0.20 to sell at 0.205/0.210? not bad profit if BBs absorb..
taking some profits off the table first.. if not later SgYuan come out the ew wave the correction come..
Grubber ( Date: 09-May-2019 13:06) Posted:
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wow bingo 0.20 hit
Grubber ( Date: 08-May-2019 15:33) Posted:
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manipulated or good news? whack at 205/210.. HUAT!!
easywin ( Date: 09-May-2019 12:55) Posted:
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Be careful Fake Q
Later opening i bet 21
Chi-x high of 22c i think...some good newz coming?
Song bo.... fly
taking profit at 199/200/205/210..HUAT!!
Why Shares of Livent Plunged on Wednesday
Current demand for lithium isn't as strong as the company had hoped.
Lou Whiteman
(TMFeldoubleu)
May 8, 2019 at 10:48AM
What happened
Shares of Livent (NYSE:LTHM) fell by more than 22% on Wednesday morning after the lithium producer cut its full-year revenue and profit forecasts due to lower demand and weaker prices.
So what
Livent is the onetime lithium business of agriculture chemicals vendor FMC Corp. that was spun off as an independent late last year. On Tuesday after market close, it reported first-quarter earnings of $0.12 per share on revenue of $98.3 million, matching expectations on profit but missing on revenue by more than $5 million. The company also warned it sees deteriorating demand that will impact the rest of the year.
IMAGE SOURCE: GETTY IMAGES.
The company said it does not see demand for lithium hydroxide used in high-nickel cathode chemistries improving until late 2019 or early 2020, causing it to lower expectations for the year.
Source: www.fool.com/amp/investing/2019/05/08/why-shares-of-livent-plunged-on-wednesday.aspx
(Think today fell becos of livent if not already 20c)
Current demand for lithium isn't as strong as the company had hoped.
Lou Whiteman
(TMFeldoubleu)
May 8, 2019 at 10:48AM
What happened
Shares of Livent (NYSE:LTHM) fell by more than 22% on Wednesday morning after the lithium producer cut its full-year revenue and profit forecasts due to lower demand and weaker prices.
So what
Livent is the onetime lithium business of agriculture chemicals vendor FMC Corp. that was spun off as an independent late last year. On Tuesday after market close, it reported first-quarter earnings of $0.12 per share on revenue of $98.3 million, matching expectations on profit but missing on revenue by more than $5 million. The company also warned it sees deteriorating demand that will impact the rest of the year.
IMAGE SOURCE: GETTY IMAGES.
The company said it does not see demand for lithium hydroxide used in high-nickel cathode chemistries improving until late 2019 or early 2020, causing it to lower expectations for the year.
Source: www.fool.com/amp/investing/2019/05/08/why-shares-of-livent-plunged-on-wednesday.aspx
(Think today fell becos of livent if not already 20c)
huat tua tua arrrrr, lol, 1 pip shy of my prediction, nonetheless a nice closing.
ahhuat08 ( Date: 08-May-2019 15:54) Posted:
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