LTR 2.16% 90.5¢ liontown resources limited

@Lurra I am not a down-ramper, I simply retold my personal...

  1. 18,124 Posts.
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    @Lurra I am not a down-ramper, I simply retold my personal experience. IF the price of LTR goes a lot lower, I will be buying in again - I have not lost belief in the company, but even more so I believe in the product.
    The world needs lithium and will need even more, but it is EOFY - the stock market generally is on a downward trajectory - it does that from time to time, in case you haven't noticed - last one was around 2008-9-10 - and it took a while to recover.
    I only have approx. information about LTR - have been a holder, made modest gains (my investments at this stage were modest) - I was not an early holder - like some of my friends on here are.

    I was simply quoting my personal experience from a previous stock market baisse, which lasted a fair while - and I then put it all away as a mugs' game. I began dipping my much reduced 'toes' in around 2019 and one of the stocks I made money on, was LTR. Not as much as many of you did.
    and I will buy in again.

    For the moment I believe the stock market is due for a correction, hence my post and re-telling of my experience during the last correction.

    What I have been mulling over, since I 'entered' this two-up game again, is this:
    If you are only a small fish and are not in your twenties, there is absolutely no reason to 'believe' in a company and keep on holding, especially when the discovery/resource is new and the company is at that beginning stage of transforming itself from an explorer to a producer. At that very beginning, the share becomes the toy of gamblers. People buy in and sell for small ticker gains - people put in lots of money, as in the casino and pull it out again as soon as they have made a small again, and repeat.

    There is no doubt in my mind, that lithium will be the energy driver of the future and that LTR is a good company.
    But the signs that the financial world is heading for some troubles are pretty obvious to everyone - and that a stock market baisse is in the making.

    I will be lining up to purchase LTR once it's under $1 ; - so maybe you can put me down as a down-ramper, I don't care one way or the other.
    Taurisk



 
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90.5¢
Change
-0.020(2.16%)
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91.0¢ 93.5¢ 89.0¢ $26.09M 28.68M

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No. Vol. Price($)
7 472933 90.0¢
 

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Price($) Vol. No.
90.5¢ 446423 6
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