Because of LITH I bought more VLNC today.
I got in on LITH originally (at $.30) because I believe in the li-poly battery market, and how it can/will benefit all players who can produce this golden egg. Watching LITH triple this week on *no news* has been most interesting. I could be wrong (it *could* be pump-and-dump), but I'm chalking up the rise to the fact that more and more people see the need for li-poly and have noticed the race going on; they then perhaps have chosen to get in with LITH, the cheapest entrant.
To those saying it's all pump-and-dump with LITH, all I can say is that I follow the pennies market and have seen many P&Ds happen. There is generally a frenzy of posts in places like BOBz Stock Tip Forum, Raging Bull, and Trader Cents, leading up to and during the P&D (and then the post mortems begin). I have not seen LITH mentioned *anywhere*, on any forum even once. So if it IS P&D driving LITH, I feel it must be coming from Asia and not North America.
This post is NOT meant as an endorsement of LITH; rather it's just to underscore what I perceive to be the overall excitement directed toward this industry. By ALL appearances LITH is *way* far behind Valence, and Valence does, in fact, appear IMHO to be poised for big news any day, i.e., a perfect product and a deal in hand for it. I believe our time with Valence is coming soon, which is why I bought more today and loaded up on options last week. And which is why I'm enjoying the attention another battery company is getting. We'll get ours!
Jeff HQ |
