LTR 2.16% 90.5¢ liontown resources limited

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  1. 332 Posts.
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    @Goldilocks

    I kept pretty quite yesterday and was in "major pain"
    Yesterday was the first day since I ever bought LTR I actually lost "All" my profits ; I won't lie ; It hurt ; I was angry ;

    But I still averaged down ; losing $0.55 cents downward... Upset "yes"

    But I still averaged down ... and now considering to sell my CXO holding to buy more LTR at these prices

    To all newbie shareholders (not to the old hands) !!!
    Why am I doing this ? Why taking the averaged down losses and buying more ?

    Because this is the once in a lifetime opportunity as Charlie Munger and Warren Buffet states ; the market will go up and down but ...
    1; is there a huge market foe the stock you are in?
    2; is the future turning towards that huge market ?
    3; are governments backing it ? or a just a fashion trend?
    4; does the company you invested in their BOD strong and damn ambitious ?
    5; Do the BOD have a vision, an actual strategy ?
    6; Is the company fundamentals strong ?
    7; Have they acquired funds without a loan to actually build something/ mine?
    8; who is TG? what's his value ; is his credentials strong?
    9; does LTR have assets that is of major value for a major future sector ?
    10; Is some good news coming ; Offtakes, commercial news?
    11; actually close your eyes , block the noise and don't be scared in the "sea of red" ; This is were Warren and Charlie Munger quietly hide and scoop up strong companies

    So after a little cry yesterday; I put my big boy investment pants and bought more ; sold my AustralianSuper also to average down ; moving my whole portfolio selling CXO or half holdings to buy more LTR at these prices !!!

    Warren Buffet and Charlie Munger don't just block the noise they use it to their advantage!!!

    will YOU do the same ? Or simply Sh*t yourself and cry like a little baby !!!

    this company fundamentals is strong it will pay dividends and share prices will be above $3 (conservative)

    I want to be like Warren and Charlie ; recognise something incredible; believe in it and go all in !!!

    look at coke !!! Warrens initial investment, why? he believed it will be awesome; he saw potential!!!

    What we see in LTR ... potential!!!

    LTR hurt me now ; I will happily take it ; I know you will reward me for my patience 1000 folds later

    I believe !!!

    much respect and love and regards to all holders
    it's times like these " We all come together "
 
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Last
90.5¢
Change
-0.020(2.16%)
Mkt cap ! $2.194B
Open High Low Value Volume
91.0¢ 93.5¢ 89.0¢ $26.09M 28.68M

Buyers (Bids)

No. Vol. Price($)
7 472933 90.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.5¢ 446423 6
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LTR (ASX) Chart
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