LTR 0.00% 91.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-1217

  1. 127 Posts.
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    "If you think a Recession or global turmoil isn't a possibility then remain bullish, many others foresee turbulent times ahead and that isn't anything that LTR can control."

    A recession or global turmoil is very much a possibility as it always is. I'm more focused on the once-in-a-lifetime switch from fossil fuels and ICE to EV's and greener forms of energy. This switch is happening rapidly and will only accelerate over time. It is so ingrained by governments and large companies as the way forward for the next couple of decades that I don't believe any short-term global turmoil or recession will stop its ascent.

    If these things do have a material impact, I agree with your statement that it won't be anything that LTR management can control. It's for these reasons that I take Peter Lynch's approach to focus on the company. In that space, I'm a very comfortable long-term shareholder. In fact a number of Lynch's quotes I believe to be relevant to LTR and your comments above. I'll share some with you below.
    "If you spend 13 minutes a year on economics, you've wasted 10 minutes."
    "Far more money has been lost by investors preparing for corrections or trying to predict corrections, than has actually been lost in the corrections themselves."
    "Nobody can predict interest rates, the future direction of the economy or the stockmarket. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you are invested."
    And to finish with my favourite. "The key to making money in stocks is not being scared out of them."
    GLTAH.
 
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Last
91.5¢
Change
0.000(0.00%)
Mkt cap ! $2.218B
Open High Low Value Volume
91.5¢ 94.0¢ 90.3¢ $11.62M 12.67M

Buyers (Bids)

No. Vol. Price($)
2 119641 91.5¢
 

Sellers (Offers)

Price($) Vol. No.
92.0¢ 140664 7
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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