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Bunn-Wackett

24,682 Posts.

1416

15/08/24

16:10

Post #: 75224084
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Originally posted by DaisyA: ↑

IMO the only lesson to be learned from shorters is that they should be ignored as they distort the true value of an asset and try and play mind games without factual arguments. All they say is "look at the price drop, look at the price of spod, you should have taken $3, we told you so, we were right" and similar useless rubbish. They live on fear, there is no lesson in that. Remember this, if there is a take over offer at $3 plus in the next 3 months, or the price of spod spikes all those selling now will want to kill them. Yes you can try and play the market fluctuations if you wish but the only way to earn big money in the market is the Warren Buffet way if you do your research. As I have them on ignore I won't be able to see their silly responses to this. If the current SP is hurting holders then just don't look, just read the articles about climate change, renewables and EV uptake as well as LTR's recent announcements. If that takes 12 more months to properly value LTR then so be it, but I doubt it. Shorters will be a thing of the past for us well before that.

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IMO the only lesson to be learned from shorters is that they should be ignored

How's that working out for you? Shorters essentially home in on overvalued companies, ignore them, the lithium market and the stock market at your peril... it's sheer madness!

LTR Price at posting: 78.0¢ Sentiment: None Disclosure: Not Held
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