My Lithium Watchlist Went up 61.05% Last Week

I put 16 Lithium stocks into my watchlist on SimpleWallSt as I'm long Electric Vehicles and Battery Tech
Last week, after lithium taking a breather for a few weeks, I got an email in my watchlist did 61.05% last week
Basically I'm think that since I have access to free brokerage on Stake I can create a Lithium ETF with a $500 in each of these stock
Let me know if I missed any or anything doesn't belong

PLS
ORE
LTR
PDN
AVZ
INR
PLL
LKE
CXO
GLN
LOT
LPD
AZL
ASN
NVX
AGY

VUL, SYA were cut from this list as I think they are overvalued/meme stocks that run up too quick

Comments

  • +10

    Yes

    • Yes you are long lithium too?

    • Do you mean "YES"?
      This post seems to be about random three letter acronyms

  • Why are you spreading yourself so thin (i.e., why are you putting small amounts in so many companies)? Is your strategy "spray & pray" or have you curated your list of Li stocks based on unique commercials of each company?

    • Was thinking to benefit from the whole sector like my own mini ETF

      • How often do you plan to rebalance your mini ETF, and what do you expect the rebalancing to cost you?

        Modern Portfolio Theory only works if you rebalance.

    • ETFs are structured to spray and pray.

      The top 1% stonks in an ETF carry the gains while the 99% of the junk is just for show.

      • +2

        The top 1% of [cryptocurrencies] carry the gains while the 99% of the junk is just for show.

      • Ahh yes now we just need a reliable method to identify and time that 1% that requires minimal effort and well be millionaires!

        • -1

          It doesn't take much work to pick the top 1% of a fund. Look at the allocation and buy the top performers.

          • @rektrading: You are a genius! Buy the top!

            • @Drj55: I buy tops all the time. It's called breakout trading.

              I wait for a breakout at a key resistance with high volume, 25% order, retest resistance flip support with another 25% order and then another 25% order at ATH. SL under last lower high.

              It's basic numbers and patterns that anyone can learn.

              • @rektrading: Nice one. It's great that it works for you. I don't want to /don't have the time to do that but happy with my slow plod with Etfs.

  • +8

    asx bets is leaking again

    • if he was from asx bets he would have yolo'd at LKE like a true degenerate.

      • Yes I excluded SYA and VUL for that reason they are hyped on ASXbets. LKE may be in that territory

  • +1

    Are you attempting to gain investment advice on high risk small cap exploratory mining stocks through OzBargain?

    My advice is to understand what "exploratory mining stocks" are and the relationship between speculation and price cycles.

    Or just bet the money but realise it's a bet not an investment since you haven't provided any rational for your bets.

    • I think some are mid-large cap producers like PLS and PDN

      • +1

        Cool beans

  • +1

    So you're buying after it has gone up?

    What's your handle on asxbets discord?

    • It has gone up every month for past 12 months
      Not on ASX bets

      • +2

        Positions or ban

        • I hold LPDOB only right now

  • PDN is uranium which is doing well in it's own way. Been a holder of AVZ for a few years now, good to see it paying out.

    • Yes I realised that after posting but I'm keeping it in the list

  • +2

    OZB Bets.

    • +1

      Invest in Eneloops and 60k cars!

  • NVX

      • jv you are a troll we are talking NVX ASX up 2.5% today

        • +2

          jv you are a troll

          You should know…

          Anyway, at least I'm not on here bragging…

    • I've added NVX cheers

  • +4

    Are we all going to start bragging about all our wins in life?

    • +2

      Which to me is odd. Internet points don't pay the bills.

      • Unless it's free BTC from Luno ;)

      • +1

        They don't?? Shit. Time to short upvotes…

    • I haven't put any money in yet so not a win yet

    • +5

      Is a 60% watchlist gain really a flex though?

      • I had actually missed that part. Though some people do like to flex a lot.

    • It's technically not even a win, as it's just a watchlist 😂

      • +2

        Would be a loss in a way if purchased now

        • +1

          Probably go -60%

      • one of 100 watchlists maybe

        • Yes I was very surprised its been flat or negative a few weeks

    • 💪

  • +1

    My Lithium Watchlist Went up 61.05% Last Week

    Same happened with my Sodium Watchlist last week.

    What is going on here ???????????

    • +2

      Less salt on your chips next time jv.

      • +1

        Might have to switch to Potassium

        • Such an oldskool it belongs to a Museum.

  • +2

    Any deals on eneloops?

    • They are NIMH not lithium

  • Invest in anything to do with battery & renewable minerals mining & you're on a sure thing.
    USA is about to pass policy for a massive uncapped EV rebate scheme (both new & used EVs)
    Its pretty much the same the world over

    Not sure why SYA is treated as a meme stock. Its up 16 times this year which is not unusual for battery mineral mining stocks. I just missed out LTR 2.5 years ago at 0.03. They're now up over 60 times

    • I think its just up too much this year and been trading sideways a bit

  • PSC $2 by this time next year. Monster in the making.

    • Buy rumours sell news ? Or any DD

      • …Yes

        • Where is your dd? Do you have a reason?

  • Update on my strategy.
    Up 66% on LPDOB 0.009 to 0.015
    Down 5% on NVX was not a good day to buy in

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