LTR 3.63% $1.00 liontown resources limited

New TA/Charting, page-890

  1. 1,319 Posts.
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    Hi @makingmoneystill I love the way you make investing fun and ignore all the clatter of the immediate news and ups and downs and see it for what it is. The bottom line is that within the next 12 months and maybe even 6 months LTR will be taken over by a large Aust, Chinese or US corporation for a low of 40c and a high of $1. As I have said before to anyone who will listen that it is being primed for sale by TG and his board. The recent Investor Presentation confirms that again. What the price will be will depend on many factors and much of the recent post action on HC and the price action is related to that. However as you say "who cares" as we cannot impact it. We can speculate and have fun doing it but we cannot change it, all we can do as you say is enjoy it. If we can be patient this share will multiply at least 3 times from here and possibly even 7 times. That is 300% to 700%. There is not much downside which is why I have gone long. There is nothing that can compare to that for investing. If you are a trader then that is another story. I am not a trader as I don't have the time or inclination, it effects your personality and sanity unless you are very strong. Just sit back and enjoy this. I do appreciate some of the clever and informed posts here which confirm LTR is on the right path but the moment this share gets under our skin and makes us loose sleep we should sell it. We must never forget what we bought it for and that perhaps we may have missed it. We didn't it and we should thank our good fortune everyday we didn't miss it. LTR, the right time, the right place and the right management.
 
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